5 Luxury Home Upgrades That are Irresistible to Buyers

Looking for ways to increase the value of your property?  Here are a few of the top luxury home improvements that buyers look for…

If you own a luxury home, chances are good that you’re always looking for ways to enhance its beauty and comfort. While upgrading your house or condo can turn it into a true oasis, the benefits don’t end there. In-demand improvements can also increase your home’s value when it comes time to sell. If you’re looking to boost your luxury property’s “wow”’ factor, here are five upgrades you should consider.

1) Transform your bathroom into a spa

Whether your home is a condo or a house, revamping your bathrooms can seriously increase its appeal. Features such as freestanding soaking tubs, spacious walk-in showers, and double sinks can create a relaxing environment that buyers will love. To complete the upscale aesthetic, opt for sleek, modern finishes—like marble or brushed metal. If you’re unsure which luxury home improvements to embrace, your bathrooms are a great place to start.

2) Install automation

Home automation is becoming increasingly popular among luxury house and condo buyers, and it’s no wonder why. Using smart technology, owners can connect their home systems and appliances through the internet, making them easier to control. Popular examples include lighting, thermostats, and security systems that can be accessed via smartphone or tablet. Put simply: smart technology is the ultimate in convenient living, and it’s a must-have feature for many luxury home hunters.

3) Invest in an outdoor kitchen

If you have a passion for entertaining, you’re not alone. Many luxury homeowners enjoy sharing their beautiful surroundings with family and friends. So it makes sense that outdoor kitchens have become a hot commodity among buyers in the high-end market. One typical setup includes an elegantly-furnished patio paired with an outdoor BBQ area and cooking station. While many luxury finishes don’t work well for the outdoors in Toronto, there are many options (such as concrete and stone) that stand up well to the cold.

4) Build a wine room

Wine cellars have long been considered a must-have feature for many luxury homebuyers. At their best, these rooms beautifully showcase vino collections while keeping them in top condition through controlled lighting, temperature, and humidity. This type of functional, aesthetically-pleasing wine storage can add serious value to a home. Even if you already have a cellar, it may be time to consider an upgrade. To modernize your wine storage, consider moving it upstairs—and adding an elegant tasting room.

5) Add walk-in closets

When it comes to luxury home improvements, you really can’t go wrong by adding a walk-in closet in one (or all) of your bedrooms. This type of storage is near the top of many real estate wish lists, and it remains a staple in the luxury market. If you go the walk-in closet route, focus on space-saving features such as shoe compartments and slide-out drawers. To add a touch of glamour, consider features such as glass shelves and dramatic lighting.

The bottom line: if you’re looking to improve your luxury house or condo, you don’t necessarily have to renovate on a large scale. A few strategic, elegant upgrades may be just the thing you need to boost your quality of life at home—and your property value.

Preparing to sell your luxury home? We know the market inside and out. Get in touch, and we can discuss your options!