Whether you want to improve the curb appeal of your home to help it sell better or simply for your own enjoyment, it’s always a good idea to consider the return on investment (ROI) of each project first. That’s because some home improvements can do more than just make your home look attractive—they can also significantly boost your home’s value upon resale, putting more money in your pocket. If you own your home and are thinking about sprucing up its outward appearance, keep these tips for maximizing its ROI in mind. The way your home looks from the street is of utmost importance. The color of your front door, the condition
of your walkways and driveway, and whether your garden is well maintained can greatly influence what potential buyers think of your home and have a huge
impact on its overall value. The National Association of REALTORS® regularly looks at how curb appeal projects can raise a home’s potential resale value. In fact, one of its recent reports revealed that an overwhelming majority of their real estate agents recommend improving a home’s curb appeal before putting it on the market. It also found that among the projects with the highest ROI are maintaining your lawn, adding landscape lighting, and performing tree care. Landscaping alone can
potentially add 14 to 20 percent more to your home’s price tag upon selling (according to the American Society of Landscape Architects).
Of course, your home’s exterior is just as important as the ornamentation around it. A recent Cost Versus Value Report by Zonda Media revealed that exterior home improvements can significantly raise a home’s value and tend to command a higher ROI than interior ones. The report named these ten projects as producing the greatest ROI:
Top Tips
1. Garage door replacement
2. Manufactured stone veneer
3. Entry door replacement (steel)
4. Vinyl siding replacement
5. Fiber cement siding replacement
6. Vinyl window replacement
7. Wood window replacement
8. Roofing replacement (asphalt shingles)
9. Grand fiberglass entrance
10. Metal roof replacement
Street Appeal
While some exterior home-improvement projects have high price tags, you don’t
have to spend a lot of money to increase your home’s curb appeal. Even small,
less expensive projects can greatly impact your home’s perceived value.
Structural fixes
• Install a new storm door.
• Line walkways with bricks
or pavers.
• Replace torn window and
door screens.
Simple Improvements go a long way. So, if you are looking to increase your value these tips will help. Always reach out to your agent to see what the best solution for you could be. Most homes just need a little bit of love, and it goes a long way. When you think about the cost to update lighting inside this is minimal but can really help with the sale of a home. Below are some items that many forget about and need the most maintenance. I hope you enjoyed the updates.
Home exterior
Hide or stow away trash cans
Clean windows
Empty out gutters
Fix or replace damaged screens
Pressure-wash or paint exterior walls
or replace siding
Illuminate walkways
Update garage door(s)
Replace front door
Install new windows
Clean and repair, update, or replace roof
Front porch
Clean front door
Put up new house numbers
Add a wreath, a welcome mat, potted
plants, or other decor
Paint front door
Install new door hardware
Update porch light or add a new one
Driveway and walkways
Repair cracks and pressure-wash
Front yard
Clean and update mailbox
Spiff up and edge planting beds
Maintain landscaping (pull weeds, trim trees)