If you’re thinking about renovating your home before selling, you need to take a look at this renovation guide!
In Calgary’s ever-changing real estate market, it’s no surprise that many homeowners look to boost their property value through renovations before selling. It’s a smart strategy, and when done right, it can often lead to a solid return on investment. But here's the catch—not all upgrades are created equal. Just because you’re spending on improvements doesn’t mean you’ll see every dollar back when the time comes to sell.
That’s why I’ve put together a renovation guide derived from ‘Harrison Bowker’ Real Estate Appraisers. It’s a fantastic tool that helps estimate the potential return on various home improvements. But remember, these are general guidelines. The cost of the renovation and the quality of the contractor can significantly affect your return. This guide assumes professional contractors are handling the job, so DIY projects may not yield the same results.
Now, let me be real with you—many homeowners are surprised by the modest returns on certain renovations. The reason? It’s easy to get emotionally attached to our homes, which makes it harder to step back and look at the property like a buyer would. That’s where expert advice and data come in. By making decisions based on facts, not feelings, you can focus on upgrades that offer the best bang for your buck.
I share this renovation guide with nearly all my clients, as many are curious about how certain updates might impact their home’s value. The key takeaway here is to manage your expectations. While some upgrades may make your home more attractive and help it sell faster, they don’t always translate to a higher selling price or a full return on investment.
For most homes, there’s a simpler, often more transformative, and less expensive option: staging. When done well, staging can enhance your home’s appeal in a way that even renovations sometimes can’t. It’s about presenting your space in the best possible light to potential buyers, and often, that can be just as valuable as a renovation—if not more so.
Click on the Get Guide button below to access the guide - Remember, every home is different, and an in home consult should always be conducted before renovating. Text: HOME to 403-479-8990 to set up your free in home consult.
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