Top Exterior Renovations That Add Value To Your Home
Whether you are looking to buy or sell, one of the best ways to increase your home’s value is through renovations. But which projects will actually pay off? The good news is, many of the most cost-effective renovations give a big bang for your buck. In fact, according to Remodeling magazine’s 2021 Cost vs. Value Report, a few essential exterior renovations can help you recoup up to 95% of your investment when it comes time to sell.
Replace Your Siding
Siding is often the first thing that buyers notice when they come to your home. It can make a difference in whether they choose to make an offer. When siding becomes damaged or faded, it is a sign that it needs to be replaced. It can also mean that the exterior of your home is getting older and not weatherproof enough for current conditions. Replacing your siding can be an easy way to add value to your home. Not only does it look great, but it can also help to reduce energy costs as well as increase your resale value. When replacing your siding, it is important to hire a professional and reputable company that will do a thorough job. They will have a plan for how to remove the old siding and install new materials without causing damage.
Replace Your Front Door
Often, the first impression potential buyers get of your home is the front door. A dated, worn-out or dingy door can make it difficult for them to envision themselves living there. Replacing your front door is an affordable and easy project that can significantly increase the overall value of your home. Not only will it add curb appeal, but a replacement front door can also improve the energy efficiency of your home. This is because over time, key elements of your doorway system like the weather-stripping and threshold can wear down, causing drafts that drive up your energy bills.
Power Wash Your Home
Power washing your home is an easy and inexpensive way to boost your property’s value. This simple project removes dirt, mold and mildew buildup, bringing your home’s exterior back to its original beauty. It also protects your property from the harsh elements that it gets exposed to every day. Dirt, grease, mildew, mold, and bacteria can stick to your home’s exterior and cause it to lose its appeal. By cleaning these substances off your home’s surfaces, you can prevent these issues from forming. This means that you can keep your home’s value high and sell it at a higher price. Using a rotary surface-cleaner attachment, a professional can power wash your home’s siding, deck, driveway and sidewalk, eliminating the buildup of grime that may be hindering its overall appearance. In addition, removing the dirt, mold and mildew also makes your home stand out from other properties in your neighborhood, which can increase its value.
Landscape Your Yard
Whether you’re planning to sell your home or just want to enhance the overall look of your property, landscaping your yard can be an excellent investment. One study found that a well-designed landscape can add tens of thousands of dollars to the value of your home. In addition to adding curb appeal, a properly landscaped yard can also increase energy efficiency. Plants can help insulate your home from harsh winter winds, as well as reduce the need for air conditioning and heating by up to 20 percent. There are many different ways to landscape your yard, and you can use your imagination to create a beautiful space that suits your lifestyle. But before you start planting and building, make sure you have a clear idea of what you’re going for.
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