Resale considerations
Remember that single-family houses remain the housing stock of choice for the majority of buyers, so if you’re approaching your purchase as an investment foremost, and can afford the cost and maintenance of a house, that may be the smarter long-term choice.
However, if you’re looking for a great place to call home, especially if you don’t have kids or want to avoid the hassles of house maintenance, a condo is probably right for you, right now. Some smart upgrades to enjoy today – and help you sell later – include:
• Stainless-steel appliances and deluxe countertops (granite, limestone, marble, Corian or Silestone) in the kitchen
• Hardwood, or eco-friendly cork or bamboo flooring throughout the unit
• Quality lighting (ditch the builder’s basics that came with the unit) throughout the unit. Add function with potlights, flair with chandeliers or other pendant-style lights – and put everything on dimmer switches
• Sleek glass or neutral stone-clad floors and backsplash in the bathroom, high-end hardware (faucets, hooks, towel rods etc)
Remember, most condos are at their best when conveying a feeling of expansiveness (especially those on the tiny size!) and modernity, so plenty of natural light, neutral wall colours, gleaming floors and tasteful, on-trend accents will make yours attractive to potential buyers once you’re ready to move on – whether to a house or another condo.
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