Greater Vancouver is one of the most sought-after real estate markets in Canada. While property prices are high, the right upgrades can substantially increase the value of your home and give you a competitive edge when selling. Here are seven proven home improvements to consider:

1. Energy-Efficient Upgrades

In Vancouver, where energy-conscious living is on the rise, energy-efficient upgrades can attract eco-conscious buyers.

• Cost: Installing energy-efficient windows costs $10,000–$20,000* on average, while upgrading insulation ranges from $5,000–$15,000*.

• ROI: These upgrades can yield up to 70-80% return on investment and may lower utility bills by 25-50%, making your property more appealing.

2. Kitchen and Bathroom Renovations

Modern, functional kitchens and bathrooms are key to increasing home value.

• Cost: Kitchen renovations typically range from $25,000–$50,000*, while bathroom upgrades start at $10,000*.

• ROI: High-quality upgrades can offer a return of up to 75-100%, especially in Vancouver's competitive market.

3. Adding Additional Living Spaces

With Vancouver’s high demand for rental properties, creating extra living units like basement suites or laneway houses can significantly boost property value.

• Cost: Building a legal basement suite can cost $30,000–$70,000*, while laneway houses typically cost $200,000+*.

• ROI: Properties with additional rental income can see their value increase by 10-20%.

4. Landscaping and Outdoor Spaces

First impressions matter, and a well-maintained outdoor space can dramatically enhance curb appeal.

• Cost: Landscaping projects range from $5,000–$15,000*, with features like patios or fire pits costing extra.

• ROI: Attractive outdoor spaces can add up to 10% to a home's market value.

5. Home Office Creation

With more people working remotely, a designated home office is a top priority for buyers.

• Cost: Converting a room into a home office typically costs $5,000–$15,000*.

• ROI: This feature can add up to 5% to a property’s value in urban areas like Vancouver.

6. Exterior Updates

Refreshing your home’s exterior not only boosts curb appeal but also signals to buyers that the property is well-maintained.

• Cost: New siding, paint, or roofing can cost $10,000–$30,000*.

• ROI: Exterior improvements often recoup 70-75% of their cost.

7. Modern Security Systems

Safety is a growing concern, and a modern security system is a valuable selling point.

• Cost: Installing smart home security systems costs $1,000–$3,000*.

• ROI: While the direct ROI is lower (around 50%), these upgrades make your home stand out and attract safety-conscious buyers.

Tailored Advice from an Award-Winning Realtor

Each home is unique, and the best upgrades depend on your property’s location, condition, and target market. As a long-time Vancouver resident and award-winning realtor, I can guide you through the smartest investments to maximize your home’s value.

Contact me today for a personalized consultation to discover which improvements will deliver the best return for your home in Vancouver’s competitive market.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

(*)Prices are approximate averages from 2023, sourced online, and may vary significantly based on location and project specifics. Consult local experts for precise estimates.

As a long-time resident of Vancouver’s West Side and an award-winning RE/MAX agent with extensive experience, I’ve had the opportunity to help homeowners achieve their real estate goals. Selling a property in West Side means more than just listing it; it’s about showcasing the unique appeal of neighborhoods like Kitsilano, Arbutus, Kerrisdale, Dunbar, and more. Each area offers something special, from vibrant communities to peaceful family-oriented streets, and I strive to help potential buyers find the perfect match for their lifestyle.

Here are some insider strategies I use to ensure every home shines in the market:

1. Highlight the West Side Neighborhoods

Vancouver West Side offers more than just beautiful homes; it’s a collection of vibrant neighborhoods, each with its own charm. From the beachside lifestyle of Kitsilano to the tranquil streets of Arbutus Ridge, the historic elegance of Shaughnessy, and the family-friendly vibe of Dunbar, there’s something for everyone. Other highlights include the urban convenience of Fairview, the classic charm of Kerrisdale, and the stunning ocean views of Point Grey. I ensure that potential buyers see how your home fits perfectly into this world of comfort and lifestyle options West Side offers.

2. Leverage Customized Marketing

Every home has its own story, and I create tailored marketing campaigns that resonate with buyers looking to invest in West Side properties. From professional staging and high-end media to targeted advertising, I use tools that elevate your property’s appeal.

3. Tap Into My Network

With over a decade of experience since beginning my career in real estate in 2009, I’ve built a vast network of local and international clients, as well as connections with top professionals. This extensive background ensures your property gains the exposure it deserves. This means your property reaches serious buyers who appreciate the distinct character of West Side homes.

4. Price Strategically

Pricing a home requires a deep understanding of market trends. With my extensive experience, I’ll help you position your property to attract competitive offers while maximizing its value.

5. Offer Seamless Support

Selling a home can be complex, especially in Vancouver’s dynamic market. I’ll guide you through every step, providing transparent communication and solutions tailored to your needs.

Your home deserves more than a “For Sale” sign. It deserves a dedicated partner who understands the nuances of the Vancouver West Side market. Let’s showcase your property to the right audience and achieve exceptional results together.

If you’re considering selling your home, feel free to reach out to me.

I’m here to help you every step of the way.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM