Renovations can seem overwhelming and daunting. And whether you’re selling now, down the road, or are just looking to spruce the place up, it can be hard to know where to even begin.

As consumer demands shift let’s dive into what is fueling buyer decisions, helping you determine where you want to spend your money.

What to Prioritize on your reno list?

Kitchen upgrades: Kitchen upgrades should be a priority on your reno list as it is often the heart of the home. It is also one of the first rooms potential buyers will beeline to. You want a kitchen that is not only functional and practical but also stylish and updated. As much storage and counter space as possible is well-advised when considering what to incorporate in your reno. Along with updated and matching appliances and hardware to elevate your entire kitchen.

Spa bathroom: Today homeowners are looking for an oasis to escape to, and for many that oasis is the bathroom.  Along with the kitchen the other most important reno item is the bathroom. Updated bathrooms are a recommended renovation by agents that will provide a high return on investment. Creating a Zen spa-like bathroom is a sure-fire way to impress potential buyers.

Small updates with a big impact

Fresh coat of paint: A fresh paint job is probably one of the most affordable options to completely transform a room. This budget friendly update lets you create a whole new space without breaking the bank. If you are planning to sell, stick with more neutral colours that will appeal to a larger audience.

Hardware & Fixture Update: Another transformational update at minimal cost. Updating all the hardware and fixtures in your home, such as cabinet handles, doorknobs, faucets, air vents, etc. will drastically shift the look of a room.

Home updates to minimize maintenance and save money

Replace HVAC: It might not have the wow-factor like a freshly painted room or a total bathroom makeover but replacing an aging HVAC will be the gift that keeps on giving when you don’t have to worry about it doing what it needs to do. While HVAC systems aren’t something that need to be replaced often, many with older homes opt to replace theirs to save more money, to have a reliable HVAC system, and for improved air quality.

Tankless water heater: consider opting to replace your traditional water heater with a more efficient tankless option. Tankless water heaters will save you space and money. This new addition will also have a life expectancy twice as long as the traditional version. Tankless water heaters may have a larger upfront cost but can be a wise investment for those looking to minimize home maintenance and save money in the long run.