Renovate your home now, sell it later

Do you find yourself stuck in the middle? You own a home that you want to sell in a few years but it needs updating NOW, how do you proceed with your renovations and what becomes the priority when upgrading for the future or for someone else?

I find a great deal of people in this position who want to sell their homes in the near future but still want to take on an immediate renovation project. If you choose your products and budget carefully it is possible to get maximum return on your investment. Here are a few tips to help you with your choices:

Be Neutral: Even if you love bright colours and trendy fashions, try to consider the next people who will view your home and the design elements they will want to work with. When decorating for the unknown buyer it is a good idea to keep your upgrades as neutral as possible; this will have the most appeal for multiple buyers. You can make the space your own in the interim with brightly coloured accessories and dashing draperies which move with you yet they make your current space decorative.

Be Frugal: Frugality is a must when designing for the future, yet I want to make sure to differentiate between frugal and cheap. Consider not only the people who will be buying your home but the years you have to live in your new renovation. Putting in low quality product will not age well and will not look good when you go to sell your home, even if it is only a few years from now. Also, you want to put in decent product for the next homeowner so you can sell the home with a clear conscience!

Be Aware: Take a look at the MLS listings in your area to keep current on what the market is doing in your neighbourhood. Investing $40,000 or $50,000 dollars in your home will not net you that in a resale if similar homes are also for sale at the same time. It is possible that a stunning renovation will sell your house faster than the competition but the state of real estate right now will not give you a big return on investment. Putting granite and hardwood into your home will look amazing but a similar look can be achieved with high definition laminate countertops and faux hardwood allowing you for a chance at a return on your investment.

Be Careful: If you are buying new products now with the intent of selling your home later, take extra care with the new products. Regular maintenance such as professional carpet cleaning and paint touch ups will keep your home looking well maintained and will enable you to list your home at a moment’s notice. Also, keeping your personal items such as furniture, drapery and bedding in good repair will show so much better when you sell your home. When potential buyers are viewing your home they look at the overall finish including the items which will move with the homeowners.

It is possible to achieve a designer finish in your home without it costing the earth. An in-home consult with a designer can help you to choose the correct finishes to help maximize your budget and give you a sellable, fantastic looking home.

Kim Lewis is an interior designer in Red Deer with Carpet Colour Centre. Contact her at 403-343-7711 ext. 227 or email her at

Just Posted

FCC host forum featuring sportscaster Brian Williams

The forum is part hopes to educate, reenergerize, inspire and inform producers

Country star Brett Kissel releases new album

Kissel excited to make a stop in Red Deer

Westerner Park takes home international prize for Urban Farm Project

Organizer said she wanted to create an urban farm that would connect urban dwellers to agriculture

Glamorous Red Deer clothing on display

Red Deer MAG showcases stylish dresses worn through the City’s history

Santa launches holiday blood drive at Red Deer clinic

The Berry Family was on site to encourage others to give blood

CP Holiday Train steams into Lacombe

The Canadian Pacific Holiday Train delighted residents of Lacombe on Dec. 6

VIDEO: ‘Last Jedi’ premiere kicks off with droids, Daisy Ridley

Latests Star Wars film premiered in style ahead of Dec. 15 theatre debut

Higher winds could complicate California wildfire fight

The expected strength of the winds have reached uncharted territory

North Korea says war is inevitable

North Korea says war is inevitable as allies continue war games

UPDATE: Al Franken resigns from Senate amid allegations

Announcement coming from Sen. Franken amid fresh accusations

Australian Parliament allows same-sex marriages

The Australian Bureau of Statistics said 62 per cent of registered voters favoured reform.

YouTube Canada Reveals the top videos of 2017

From a sea lion that got a bit too frisky to a toddler stealing popcorn from Prince Harry - we watched it all

Canadians urged to exercise caution in Middle East ahead of protests

Protests are in reaction to Trump’s announcement that the U.S. will recognize Jerusalem as the capital of Israel

Feds planning to push back delivery date for new fighter jets: sources

The Liberals had planned to buy 18 Super Hornets

Most Read