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Home Improvements That Can Offer Great Return on Investment Part I

Renovating your home can be a fantastic way to add value and appeal. While home owners generally love their properties just the way they are, nothing rejuvenates a home like a good face lift.


It is important to know that not every project will be worth your while. Studies show that home buyers prefer practical additions or changes that make the house more functional. Here are some of the most popular ones.


Front Door Replacement

Your front door says a lot about your house. While many home owners may stick to a side entrance, prospective buyers will want to gauge the home by its entry way.


Make a good first impression with a brand new door. Steel doors have become favored since they are incredibly durable, secure and they almost never warp. Wood can offer a sort of “old world” charm. Paneled versions are flexible during extreme weather changes. Either choice is great depending on your needs.


If you just replaced your door, give it a fresh coat of paint in an eye-catching color. You can also replace the hardware with something that compliments your siding and porch materials.


Adding a Wood Deck

Decks increase the versatility of back yards in so many ways. They provide a natural setting for your family to relax and enjoy the outdoors. They also let you bring the outdoors in by allowing furniture, grills or even extra storage for lawn tools.


Remember that simple is always better when trying to get the most for your money. Adding an enormous deck with a pricey brick fireplace, for instance, will most likely not benefit you as much as a 300 or 400 sq. ft. deck with benches leading off a back door.


Simple Kitchen Remodel

A simple approach to freshen up a dated kitchen is almost always better than getting carried away.


  • Replace, refinish or repaint cabinet faces.
  • Buy new hardware for handles and pulls.
  • Consider getting a new faucet, or maybe even a new sink.
  • Add a tile backsplash to create an appealing accent.
  • Counters can offer a good payoff, but resist the urge to splurge for materials like granite, unless you have a house or a neighborhood where such amenities are expected.


You can also replace any old appliances with Energy Star versions. Opt for a model or retailer that offers a warranty of 12 months or more, and hold on to the paperwork to show to people viewing your home. You could even go so far as to compare your energy bills before and after the new appliances.


There are many more ideas that are likely to add value in an economical way. We will cover these in part II.


For general ways to increase your Red Deer real estate property’s appeal, you could always consult one of our expert selling agents. Take a look at our selling page to learn more about how we help our clients.


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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.