The Best Renovations to Increase Your Home’s Value

5 November, 2021
Best renovations to increase your home’s value

Renovating your home can freshen up your space and make your home look new. However, another reason to renovate is to boost your home’s curb appeal. With the right changes to your property, you could raise your asking price. Moreover, an updated look can increase your chances of selling your home faster. And, as the demand for housing continues to climb, now might be the right time to take on an extra project or two.

From smaller projects you could do over the weekend to larger renovations that may take longer, here are some of the best changes you can make to your home.

Renovations With the Best ROI

Over the past year, almost half of Canadian homeowners have opted to invest in home renovations. This surge has been attributed to the increase in time people have spent at home thanks to the global pandemic. If you’re wondering what type of renovation might pay off when it comes time to sell, here are some ideas.

Surge Protection

Adding house-wide surge protection gives you the safety and security you need from an unstable energy supply. The protection ensures that your television, microwave, or laptop won’t be damaged in the next electrical storm. This upgrade is an excellent investment for you and your family, and can be an attractive addition when you sell your home.

You may also want to include an update to your electrical panel. Over time, your panel can become worn or damaged. It may even become outdated. For example, if your home still depends on a fuse box, you’ll definitely want to switch to a circuit breaker.

If you’re not sure if either of these are necessary for you, then you can talk to a licensed electrician who will tell you if it’s time to update your panel.

Outlet and Light Switches

While it may sound like a small change, updating your light switches or outlets can make your home seem new again. Other changes that can go a long way to boosting your return on investment include adding USB outlets, extra outlets, and light dimmers.

Ceiling Fans

This renovation can add character and charm to your house, but is also a practical and environmentally friendly way to stay cool in the summer. Consider adding a ceiling fan to the light fixture in bedrooms, dining rooms, and living rooms. This is a simple change that your electrical company can do quickly, but it can make a big difference to your space.

Outdoor Lights

Brighten up and expand your living space by adding some lighting around your property. About 25 percent of Canadians renovating their home are making adjustments to their outdoor space. When it comes to extending your living area, adding pathway lights, landscape lights, or wiring for your deck are just some of the possibilities. With all the time that people are spending inside their homes, escaping to an outdoor retreat will be a big selling point. Outdoor lighting also has the additional benefit of providing extra security for your property.

Kitchen Lighting

You don’t need to make a big change to your kitchen space to make it seem like a whole new room. Consider adding some pendant lights for charm and to brighten it up. While this is not the only lighting that offers good ROI, it can be one of the most popular renovations to do. Adding new fixtures or ambient light can be a major improvement for your kitchen space.

Generators

Having a generator adds an element of security and safety to your property. If the rest of the neighbourhood loses power, you’ll still be able to keep the lights on! Depending on where you live, this additional source of power can be a big draw for home buyers. If you live in a climate that is prone to have snow storms or severe lightning storms, a generator is a must-have for your home. It can also be a great addition to rural properties.

Energy Efficiency

Protecting the environment is high on many people’s list, and they’ll be looking for homes with higher energy efficiency. Consider tackling projects like installing solar panels or connecting electric panel meters. As an added bonus, the Government of Canada offers grants to homeowners installing energy-efficient retrofits to their homes. According to the government, Canadian dwellings account for 18 percent of the country’s greenhouse gas emissions.

Smart Home Features

Adding some smart features to your home can be a wise investment. From lights to plugs to thermostats, smart homes can add extra value to your space. You can also improve the security of your property through the addition of doorbells linked to video cameras and your phone. As well, smart devices offer convenience and can be energy-efficient additions, which save you money.

Insulation

Adding insulation to your attic can be a renovation that adds significant value to your home. It is another one of the changes you can make that will save you money on energy costs, thus boosting its return on investment.

Front Door

The look and style of your front door set the character for your home. It is one of the first things that people will see when they visit. Updating your front door is an easy renovation that can add significant value to your home. Consider adding a steel door, which offers extra protection and security.

Updating the appearance of your home can help you feel more relaxed in your space. It can also boost the resale value of your property. Some of the best changes you can make include adding surge protection, installing outdoor lighting, or making your home more energy efficient.

For more information about renovating your home’s electrical system or if you want to speak with a licensed electrician in Toronto, call Hi-Lite Electric at 416-800-5523, or contact us here.



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Riaz Jilani
Riaz Jilani
2024-06-05
I had another electrician which not giving me time and then I search on google and found Hi Lite with good reviews so I decided to try them. I send massage on their website and after 30 minutes I got call from them they booked me different time which was not suitable for me. I requested them and they change according to my convenient.electrician came on time complete the job also advised me some unseen problems also fixed perfectly and my satisfaction . First time I really impressed I recommend them they are trouble free and with good reputation
Michael Butler
Michael Butler
2024-05-10
Stove wasn't working. Stove people said it was an electrical issue. Steven came over, showed me what was wrong. Now I know more about electricity. 5/5 would electricity again.
Heather D
Heather D
2024-05-10
Excellent service. Matt came out after hours to resolve an emergency situation where an outlet in our garage caught on fire. He was here within the hour and completed the work efficiently. In addition he communicated clearly all the necessary steps needed. We will definitely be calling him back for additional assistance in the future if the need arises.
Amrik Bhogal
Amrik Bhogal
2024-04-29
Excellent service! We had a problem with some receptacles in a couple of rooms in our house. Tried the usual resetting the breakers and GFI plugs, but to no avail. Called Hi-Lite Electric based on a recommendation from a friend. Matthew from Hi-Lite come over, diagnosed and fixed the problem quickly and efficiently. He was very knowledgeable and kept me in the loop as what he was doing. His estimate was very accurate. I would highly recommend HiLite
Roy Thompson
Roy Thompson
2024-04-29
Matthew and Steven did a fantastic job added two lights in my bedroom, prior to that their was no lights in my bedrooms. i would highly recommend them.
Izabella Hansen
Izabella Hansen
2024-04-23
Had a great experience with Matthew, a licensed electrician. He explained everything I needed thoroughly. Worked efficiently, was professional and curteous. I highly recommend this family run company.
Jo Persad
Jo Persad
2024-04-19
Excellent service. We had a problem with our house wiring and Matthew diagnosed and fixed the problem quickly and efficiently. He was very polite and pleasant and informative. We would highly recommend HiLite.
James Danakas
James Danakas
2024-03-27
The service we received from Matthew and Luciano was excellent and our problem was solved in a timely matter. Great customer service! Highly recommend!
Corrado Di Rosa
Corrado Di Rosa
2024-03-26
Excellent customer experience! Matthew is always on point with his recommendations and makes sure the issue is solved. Highly recommend Hi-Lite.
Funk Roberts
Funk Roberts
2024-03-18
I recently had the pleasure of having Matt from HiLite Electrical come over to replace my smoke alarm, and I couldn't be more satisfied with the service provided. From the moment Matt arrived, it was clear he was not only highly skilled but also incredibly personable and professional. His attention to detail was impeccable, ensuring that the job was done efficiently and effectively. What truly set Matt apart was his commitment to going above and beyond. He was punctual, arriving right on time, which is a rarity these days. But more importantly, he took the time to explain the process, what the problem was, and why we couldn't get the unit from the foundation in the first place. He was also amazing to talk about in general (especially fitness, training and combat sports, relationships, and other things), and ensured everything was working perfectly before he considered his job done. I highly recommend Hi-Lite Electrical to anyone in need of electrical services. Their team, from speaking with Ang on the phone to set up the appointment (Happy Angela Day..that's an inside joke) to Matt getting it done, Hi-Lite exemplifies the kind of professionalism and expertise that is all too rare. Trust me, if you want a hassle-free, high-quality service, look no further than Hi-Lite Electrical. A big thank you to Ang and Matt for not just meeting, but exceeding my expectations! Super Happy Customer! Funk Roberts

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