As the weather warms up, many homeowners get the urge to renovate. One of the nice things about having a luxury property is, you likely have the means to make some significant changes if you want to. Of course, there’s no reason the upgrades you decide on can’t also (potentially) boost the value of your home.
If you’re interested in upgrading your property, here are some luxury upgrades that could increase the return you receive when you sell…
1) Wine cellar
Are you a wine lover? If so, you’re not alone. A recent study found that when it comes to home buyers with an annual household income of over $150,000, 31 per cent said a wine cellar is their most desired amenity. Whether you opt for warms woods and brick or a sleek, glass look, adding this room to an already-stunning home could boost your bottom line. Of course, there are no guarantees—so make sure you’ll enjoy popping into your own cellar for the perfect bottle of vino, too.
2) Crown molding
Do you own an older or historic high-end property? If so, original crown molding will almost certainly be a factor that excites home hunters when you decide to sell. Having it restored can add an instant “lift” to your space, which you’re sure to enjoy just as much as your future buyer. If you live in a space with high ceilings and older features, you may also want to consider installing these fine details. Just be careful, as crown molding doesn’t exactly complement modern spaces.
Looking for more ideas to add a touch of style and luxury to your home? Here are some posts you will love:
- Redesign Your Home Decor With One Trip to Your Local Hardware Store
- 6 Design Trends Making a Comeback in 2022
- Very Peri: How to Use the 2022 Pantone Colour of the Year in Your Home Decor
3) Heated bathroom floors
Sometimes, seemingly small conveniences make for the biggest luxuries. That’s certainly the case with heated bathroom floors, which have made the must-have lists of many high-end buyers. The good news is, they don’t cost a fortune to install, and they’re designed to work with a wide range of materials—from porcelain tile to marble. You’re sure to get plenty of enjoyment out of your new flooring before you put your home on the market.
4) Fully remodeled basement
Many gorgeous homes are hiding something not so beautiful in the basement. If you have unfinished space below ground, it could be a significant turnoff to future buyers. No matter how you use your basement while you’re living there, making it usable can add instant appeal and boost your return when you sell. It’s an all-around fantastic investment in your property.
5) Steam shower
There’s nothing quite like feeling the day’s tension melt away in a hot shower. Increasingly, buyers are looking for these spa-like experiences in their own homes. That explains why steam showers, which uses a humidifying generator to create more water vapour, are so popular. Prospective buyers get excited about them at showing time, which suggests that they’re a very worthwhile investment. Of course, the hours of relaxation you’ll get out of them until you sell will be equally wonderful.
Ready to put your home on the market? Reach out today to learn more about my staging efforts, and to get in touch to start selling today.