{"id":15341,"date":"2024-01-12T00:00:32","date_gmt":"2024-01-12T05:00:32","guid":{"rendered":"https:\/\/sothebysrealty.ca\/insightblog\/?p=15341"},"modified":"2024-01-12T11:32:47","modified_gmt":"2024-01-12T16:32:47","slug":"5-simple-upgrades-to-increase-condo-value","status":"publish","type":"post","link":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2024\/01\/12\/5-simple-upgrades-to-increase-your-condos-market-value\/","title":{"rendered":"5 Simple Upgrades to Increase Your Condo\u2019s Market Value"},"content":{"rendered":"<p><\/p>\n<blockquote>\n<p data-qeid=\"59705435\">The surrounding city lights, fine dining on your doorstep, and a short commute to the financial district\u2014condominium living is chock-full of conveniences. But when it comes time to refresh your space or put it on the market, it can be a challenge to know where to focus your efforts. For those looking for a return on investment, these condo upgrades are worth the effort.<\/p>\n<\/blockquote>\n<div class=\"image_block_single\"><img decoding=\"async\" src=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2023\/02\/1501-Foster-Street-2302-White-Rock-BC.jpg\" alt=\"\"><a href=\"\" target=\"_blank\">1501 Foster Street #2302, White Rock, BC<\/a><\/div>\n<blockquote><p><strong>Go Granite<\/strong><\/p>\n<p>Minor kitchen upgrades are one of the changes that can bump your condo to the top of the list with buyers\u2014while also boosting your asking price. Instead of a full overhaul, see where a modest refresh can take you: an instant lift can be found in a gleaming slab of granite or a cool stretch of marble.<\/p>\n<p>Having taken years to form beneath the earth&#8217;s surface, these materials lend themselves well to timeless design: granite&#8217;s less porous surface is best suited to kitchen environments as it is less likely to stain, while marble in the bathroom makes for a luxurious accent. For those without the time for construction but with DIY savvy, paint can provide a workable alternative to a full countertop renovation, and swapping out the hardware on your cabinets can take a kitchen from so-so to standout.<\/p><\/blockquote>\n<div class=\"image_block_single\"><img decoding=\"async\" src=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2023\/02\/8505-Broadcast-Avenue-SW-_804-Calgary-AB.jpg\" alt=\"\"><a href=\"\" target=\"_blank\">8505 Broadcast Avenue SW #804, Calgary, AB<\/a><\/div>\n<blockquote><p><strong>Refresh Appliances<\/strong><\/p>\n<p data-qeid=\"8872449\">Because your condo is likely competing in a market flooded with new builds, upgrading your existing appliances is an investment that can influence your asking price\u2014buyers are happier when they don&#8217;t have to sink further capital into kitchen upgrades. Stainless steel is a perennial favourite, while matte black and appliances with connectivity features are on the rise; go classic to avoid alienating your audience. If your condo features mismatched appliances and a redo isn&#8217;t in the cards, contact manufacturers about replacement panels to give your kitchen seamless style.<\/p>\n<\/blockquote>\n<div class=\"image_block_single\"><img decoding=\"async\" src=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2023\/02\/3-Rue-Westmount-Square-Apt.-1612-Westmount-QC.jpg\" alt=\"\"><a href=\"\" target=\"_blank\">3 Rue Westmount-Square, Apt. 1612, Westmount, QC<\/a><\/div>\n<blockquote><p><strong>Bring On the Bathroom<\/strong><\/p>\n<p data-qeid=\"72086566\">Tied with the kitchen as the room with the highest upgrade ROI, bathrooms can go from commonplace to exceptional in a matter of a few tweaks. Soothing neutrals, clean, uncluttered surfaces, and recessed lighting are all a part of a valuable bathroom refresh. Swap out outdated faucets, add a rainfall showerhead, and change cabinetry hardware for easy updates that pack a punch. For a more ambitious retrofit, look into standalone bathtubs or a sauna installation to elevate the feel of your entire apartment.<\/p>\n<\/blockquote>\n<div class=\"image_block_single\"><img decoding=\"async\" src=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2023\/02\/29-Queens-Quay-E-705-Toronto-ON.jpg\" alt=\"\"><a href=\"\" target=\"_blank\">29 Queens Quay E #705, Toronto, ON<\/a><\/div>\n<blockquote><p><strong>Reflect on Flooring<\/strong><\/p>\n<p data-qeid=\"64967629\">Hardwood is still king when it comes to flooring. Oak, maple, ash, and cherry are popular choices\u2014keep in mind that softer stains are best when appealing to a buyer. For tired parquet or exhausted linoleum, consider artfully-arranged area rugs to add some needed zest to your interiors. Don&#8217;t overlook flooring when updating your home; warm wood floors transform a room into a home.<\/p>\n<\/blockquote>\n<div class=\"image_block_single\"><img decoding=\"async\" src=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2023\/02\/1132-Bay-St-802-Toronto-ON.jpg\" alt=\"\"><a href=\"\" target=\"_blank\">1132 Bay St #802, Toronto, ON<\/a><\/div>\n<blockquote><p><strong>Step Up Your Storage<\/strong><\/p>\n<p data-qeid=\"67056184\">One of the common downsides of a condo&#8217;s smaller footprint is a lack of effective storage solutions. Many buyers will be shopping with an eye to whether or not they fit in your space, meaning that every extra inch of storage counts. Empty closets can actually appear smaller than they are, so investing in attractive dividers and organizers can serve to make your condo appear larger. If your unit is short on closets, now would be the time to do a small renovation\u2014additional elbow room can make your unit a contender. Don&#8217;t overlook drawers and kitchen cabinets\u2014the more everything has a place, the more clutter you avoid and the more your buyers might envision themselves moving in. And if you&#8217;re staying put, you&#8217;ll enjoy the benefits of a new and improved closet system in a space that feels perfectly curated.<\/p>\n<p data-qeid=\"64461788\">Whether you&#8217;re preparing for a move or settling right back in, you can reap the benefits of boutique city life by upgrading your home as you go. Peace of mind\u2014and closing deals\u2014await.<\/p>\n<\/blockquote>\n<p data-qeid=\"64461788\">&nbsp;<\/p>\n<blockquote>\n<hr>\n<p data-qeid=\"64461788\"><em>This article was initially published on August 29, 2018 and updated January 12, 2024.<\/em><\/p>\n<\/blockquote>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The surrounding city lights, fine dining on your doorstep, and a short commute to the financial district\u2014condominium living is chock-full of conveniences. But when it comes time to refresh your&#8230;<\/p>\n","protected":false},"author":31,"featured_media":20442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[393],"tags":[78,111,300,627,753,755,905,906,907,1534,1535,1536],"class_list":["post-15341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-interior-design","tag-renovations","tag-renovation","tag-bathroom-renovation","tag-home-upgrades","tag-modern-condos","tag-condo-design","tag-luxury-finishings","tag-kitchen-renovation","tag-design-interieur","tag-salle-de-bains","tag-condominium"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Simple Upgrades to Increase Your Condo\u2019s Market Value - Sotheby&#039;s International Realty Canada<\/title>\n<meta name=\"description\" content=\"For those looking for a return on investment, these condo upgrades are worth the effort.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sothebysrealty.ca\/insightblog\/en\/2024\/01\/12\/5-simple-upgrades-to-increase-your-condos-market-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Simple Upgrades to Increase Your Condo\u2019s Market Value - 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