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

Rebels lose to Medicine Hat Tigers, 4-1

Tigers break Rebels’ three-game winning streak

Red Deer’s newest outdoor ice facility opens to the public next week

The speed skating oval at Setters Place at Great Chief Park will be open Dec. 17th

Exhibition explores the rich history and culture of Métis people

The exhibition is on display from Dec. 15th to March 10th at the Red Deer Museum + Art Gallery

2019 Hockey Alberta Provincial Championship host sites announced

A total of 39 Provincial Championships will be hosted across the province

40-year Big Brother match a gift to Lacombe man

Andy Pawlyk and his Little Brother Chris Selathamby honoured at BBBS Awards Night

VIDEO: Royals reveal the images on their Christmas cards

Prince William and his wife Kate are shown outside in casual clothes, their three young children in tow

‘I practically begged’: B.C. woman with breast cancer denied referral to Calgary

Breast cancer patient left to fight disease alone after being denied referral to Calgary

Facebook reveals bug gave apps unauthorized access to 6.8 million users’ photos

It’s believed up to 1,500 apps built by 876 developers had access to Facebook Stories, private photos

Trudeau to make it harder for future PM to reverse Senate reforms

Of the 105 current senators, 54 are now independents who have banded together in Independent Senators’ Group

21 detained before Paris protests as police deploy in force

There was a strong police presence outside the central Saint Lazare train station, where police in riot gear checked bags

New home for Calgary Flames estimated to cost up to $600 million

The city and the Flames are not yet talking on who will pay how much for a building to replace the Saddledome

Family searching for B.C. professor last seen at Colombian salsa club

Ramazan Gencay, a professor in economics at Simon Fraser University, was last seen in Medellin

Rash of bomb threats a learning opportunity for response capacity, Goodale

Thursday’s wave of bomb threats swept across communities on both sides of the Canada-U.S. border

Mike Duffy can’t sue Senate over suspension without pay, judge rules

Duffy’s lawsuit sought more than $7.8 million from the upper chamber

Most Read