3 Exterior Home Renovations that Can Improve Resale Value
Whether or not you plan to sell your home in the near or distant future, considering the market value of your home is essential to protecting your assets. Updating your home’s exterior is a great way to improve its curb appeal while improving its defenses against Mother Nature.
As we reach the height of the home resale season, now is a great time to take on home improvement projects that will increase your home’s ROI (return on investment). Below, we outlined some exterior home improvement projects with high ROI, according to research, that homeowners should consider taking on this season.
Update Your Entryway
Consider refreshing your home’s exterior with a new front door. Your entryway is essential to any potential homebuyers’ first impression of your home and can make a statement about upkeep and maintenance. You will want to make a positive impression with at least a fresh coat of paint on an old door. However, you should also consider installing a new door made from modern materials that are aesthetically sharp and offer functional advantages.
For instance, because of their durability and energy efficiency, fiberglass and steel doors have the best ROI compared to other designs, according to the National Association of Realtors 2019 Remodeling Impact Report. Homeowners can recover up to 75% of the cost of installing a steel or fiberglass door when it comes time to sell their home.
Related Article: Why Your Home’s Front Door Is More than a Focal Point
Replace Siding
Weathering and age can wreak havoc on your siding, often resulting in discoloration, stains, debris buildup, or physical damage. When choosing a siding to improve your home’s resale value, it’s important to consider not only durability and appearance but also energy efficiency.
Fiber cement siding and vinyl siding are popular options among homeowners who are preparing to sell. Both types of siding are durable, low-cost, and low maintenance. The National Association of Realtors reported that these options had the best ROI at 76% and 63%, respectively.
Today’s young homebuyers are also more eco-conscious. If you’re looking to improve energy efficiency, consider investing in insulated vinyl siding. Visit the siding and trim page on our website to learn more.
Install New Windows
New windows can transform both the interior and exterior of the home and are a common project for those who want to improve energy efficiency. Like any other part of your home, your windows are subject to the elements. Damage from weather events or natural settling of the house can impact the effectiveness of your windows, allowing energy and heat to escape.
Investing in brand-new windows can increase the value of your home by improving energy efficiency. The National Association of Realtors found that homeowners who invested in new vinyl windows recovered 71% of the total project cost.
Related Article: A Guide to Window Construction and Proper Maintenance
Explore our website to learn more about window maintenance and replacement. At Advance Inc., we offer a wide variety of window installation and replacement options that will improve the look and function of your home.
Get Your House Market-Ready ASAP
Here at Advance Inc., we are proud to offer our community and customers reliable resources and outstanding services to improve the resale value of their homes.
Advance Inc. is offering financial incentives through May 7, 2021, on all major areas of home renovation, including roofing, windows and doors, siding and trim, and decks. Explore our website or contact us today to learn more about your options. We are happy to help!