High curb appeal can add thousands of dollars to the value of a home -- and if you are looking to sell your home, it can cut the amount of time it takes to find a buyer.
Even if you aren’t planning on putting your home on the market, giving it a curb appeal makeover epitomizes Pride of Ownership because it consists of an end result you want to live with regardless.
Here are four curb appeal makeover tips proven to increase the value of your home:
1. “Pay attention to your roof,” say Real Estate professionals
Prospective buyers are sure to pay attention to the roof, so it behooves the homeowner to do the same. When asked, 31 percent of real estate professionals said the roof is one of the more important parts of the home to have in good order.
When a new roof is added, it gives the buyer a peace of mind, knowing that the house has been cared for and a new roof addition doesn’t have to be super expensive either.
Whichever roof you choose to go with, the best thing to do is look for a product with a warranty that can be transferred to the next owner — this also increase value in the eyes of the prospective buyers.
2. Windows, doors, and perceived value, oh my!
When it comes to appearance, a new front door is known to increase it — not to mention increase resale value. Door manufacturer, Therma-Tru, has seen door upgrades elevate perceived value between 3.2 to 6.6 percent.
According to the National Association of Realtors (NAR), window and door projects mostly pay for themselves, as homeowners can expect an 81 to 88 percent return on window upgrades upon closing. This doesn’t include the energy savings gained when installing Energy Star qualified windows.
3. Use outdoor lighting for a positive Return On Investment
For an abundance of curb appeal, a homeowner can always count on a well-executed outdoor lighting set up that highlights architectural detail and brings out landscape features.
Beyond the increased safety that outdoor lighting creates, when done correctly, it also creates an added element of interest and dramatic appeal to the home, literally casting it in the best possible light.
Various surveys conducted by real estate appraisers have found estimates as high as 50 percent returns on outdoor lighting outlays. Buyers pulling into the driveway of a beautifully lit home are likely to pay a premium.
4. Creative landscaping can increase your home’s value by 15%
Quality landscaping that is well thought out, highlights the style of the home and promotes synergy. A home landscape can be valued at around 15 percent of a homes’ total value, according to a publication from Virginia Tech.
According to the study, a $150,000 home could go from $8,300 in worth to almost $19,000 more with the addition of a landscape.
Of course there are other projects you can take on to increase your home’s curb appeal e.g. replacing old hardware, adding shutters or accent trim, replacing gutters and downspouts, adding a walkway … and a handful of others.
The next time you consider taking your home’s curb appeal to the next level, be sure to consider the four tips above.
They will give you maximum value for your home as you live in it and when you decide to sell it.