Tips to personalize your condo

Condo ownership definitely offers multiple benefits but it also means limits on your ability to make major renovations to your unit. However, if you are planning to personalize your own unit model, then you can add value to it with some changes.

Points to consider

• Regular maintenance – A well maintained condo definitely has more value. You need to focus on essential repairs and the interior design of your unit.
• Upgrades -By improving some components of design, you can increase the value of your condo. You can personalize your condo with some great ideas and types of improvements that will provide you the best return on your investment.
• Remodeling – You can increase the value of your condo with a total remodeling option. If you want to get rid of outdated finishes and designs, then you can improve the overall flow and layout of the condo by remodeling.

Keep in mind that you can never go wrong in adding upgrades to your condo; however, not all upgrades are created equal. You need to consider several factors while deciding on renovations or condo upgrades.

Initially, you can focus on 2 key areas- Consider elements, which will add comfort to your day to day living and those that will raise the value of your condo in the future. For example, hardwood flooring is standard in some condos. If your condo does not feature it, you can go for this upgrade as it is beneficial to your health. Selecting hardwood flooring is certainly an added advantage when selling a home. So, choose upgrades that will give you the best returns worth your investment.
If you are one of those who want to be a part of the current “green” movement, then you can go for upgrading finishes that are eco-friendly. Think ‘Green’. You can select quartz or Caesarstone countertops in your kitchen. You can enjoy the benefits of the beauty and durability of the natural stone.

Bathrooms and kitchens are major areas where you need to focus. These areas are very important from a selling point of view. Buyers first check out the functionality of kitchens and bathrooms. Think about elaborate closet organizers, self-closing drawers, paneled appliances and cabinetry with glass fronts. Besides adding functionality to rooms, these upgrades will enhance the aesthetic value as well. When it comes to the bathroom, sustainable stone flooring can give it a spa look. Remember, adding an expensive Jacuzzi may not allow you to get back the investment; however, you can upgrade lighting fixtures, floors and mirrors to increase value.

New fresh paint can enhance the value of your condo. It is one of the least expensive ways to make your home more attractive. Go for a neutral color such as coffee with cream or light tan. Avoid unusual or bold colors. Before selecting a color, do invest time in some research. Consult an interior designer for the latest trends and designs. With their experience and knowledge in this industry, designers can recommend the spectrum of styles that will help you personalize your condo without hitting hard on your pocket. They know how to select great a combination of finishes and palettes.

Nowadays, wood floors are an attractive feature to buyers. If you are planning to change flooring, then go for real hardwood. Of course, you have to plan your budget. Less expensive options like engineered hardwood or plastic laminate will also enhance the value of your condo without increasing your budget.  

Remember, not all improvements will greatly raise the resale value of your condo. Some upgrades simply add comfort and luxury. The sky’s the limit! Use your creativity. Make it comfortable for your lifestyle, while increasing its value in the market.

© Global Realty & Investment Corp