Protect and Increase Your Largest Investment
For most families, your home is one of your largest assets. Whether you are planning to sell your home in the next year or 50 years, your goal should be to increase the value of your home.
What helps increase home value?
Many of the standard exterior improvements, when done right, can add value to your home. This includes improving the functionality of your home, increasing curb appeal, and reducing energy costs. Beyond that, there are some other improvements that have a high return on investment (ROI) when you go to sell your house.
Exterior Projects that Can Add Value
1. Regular Maintenance and Repairs
As you prepare to sell your home, you can quickly become occupied with painting, organizing, and staging the home. During this hectic time, it is important to spend time taking care of regular maintenance and repairs. A leaking roof, clogged gutters, and damage to windows or doors may not be noticeable to you, but potential homebuyers or a home inspector will notice it immediately. Stay on top of these repairs and preventative maintenance so that your home shows well.
2. Add More Living Space
While most people think of additions as a new kitchen or bedroom, extending your living space with a sunroom, screened-in porch, or deck can help your home stand out among the rest. Create an outdoor or transitional living space that creates a comfortable place to relax and entertain.
3. New Roof
Adding a new roof is not one of the most glamorous updates, but is attractive to potential homebuyers. Plus, you can upgrade to a premium-quality shingle or material to increase curb appeal.
4. Vinyl Siding
While it may not contribute as much ROI as other updates on this list, replacement vinyl siding is one of the most noticeable upgrades you can make for your home. You only have one chance to make a first impression with a potential homebuyer; new vinyl siding and trim can instantly upgrade your home and make it more desirable to a buyer.
5. Replacement Windows
If you have older, less efficient windows, a potential buyer will see that as a negative. Replacement windows conserve energy, let more sunlight in, and are easier to maintain and clean; adding them to your home can improve the value and ability to sell your home. If you have a historic home or desire a more traditional look, wood replacement windows are a great option