Exterior Designs That Will Increase Your Home Resale Value

While every improvement boosts the resale value of your home, this is often not good enough. Why? Well, because a boost in resale value doesn’t necessarily mean that you would get your money back during the sale of your home. Instead, you need to place your focus on the ROI instead. The way in which this works is fairly simple, you see, for an average solar panel installation to pay itself off, it may take between 7 and 20 years. This means that doing this upgrade right before the sale is bound to lose you a small fortune.

This is where exterior design improvements are particularly handy. First of all, they’re the first thing that the potential buyer or buyer’s agent sees when approaching the place. Therefore, it’s vital in the formation of the first impression, which both boosts the sale value and determines whether there’ll be a sale in the first place. Second, they are, for the most part, quite frugal, which means that they might yield a positive return upon the sale. All in all, there are several exterior designs that will increase your home’s resale value.

1. Painting the exterior

As is only fitting, we’ll start with the largest project – painting the exterior. We named this the largest project for several reasons, the first one being the fact that it is the most noticeable one since it covers the largest surface of the home. Picking the right color may affect the perception of the property since a warm and inviting color has the power to turn a house into a home on a moment’s notice. The average cost of this project seldom exceeds $2,000. This is a great thing too, seeing as how it provides you with 90 percent return on resale on average. Keep in mind, nonetheless, that this is situational for the most part and it depends on your choice, as well as the painter you decide to work with.

2. Replacing windows

For those who want to make their home greener and attract buyers with the promise of lower cost, might want to consider updating their windows. This installment saves between $100 and $400 per year, which is, on its own, an impressive feature. The cost of this project is a bit short of $10,000 on average, yet, even with this high investment, it’s quite likely that you could achieve an impressive ROI. We’re talking as much as 90 percent on the resale.

3. Front door replacement or improvement

The thing about the replacement of your front door, it’s an energy-friendly upgrade that also boosts the overall exterior. Aside from this, it also improves the security of your home. The average return on the resale is decent and it’s estimated at somewhere around 102 percent of the value. Still, there’s more to it than that. Imagine a scenario where you repaint your entire exterior (possibly even replace all the windows with brand new ones), only to leave your old door. Needless to say, the visual damage that this would cause to your home as a whole would be disproportionate to any saving you intend to make this way.

4. Closed off patio

The thing about most patios lies in the fact that they’re great to have as an alternative to the living room. This is especially true due to the fact that they can save quite a bit of energy by giving you an option to turn off your AC for an hour or two during the summer. The greatest drawback of this patio lies in the fact that, in most regions, it’s usable during a small part of the year. This affects the mindset of the buyer, as well, due to the fact that they might decide to ignore its usefulness and value completely if they come to see your home during the winter. Therefore, you should think about closing your patio off and even take one step further and talk about it with best patio designers in the business.

5. Privacy fence

This too is quite hard to make an estimate of, due to the fact that a wood, brick, and stone fence have different investment requirements and different ROIs. Moreover, a 4 feet fence gives one resale value boost, while 9 feet one might have an adverse effect. This latter also depends on the neighborhood, which the home is situated in. Either way, a privacy fence is usually a welcome addition. Some may argue that a hedge is a more aesthetically pleasing choice, nonetheless, it might take years to grow, which is a luxury of time that you simply don’t have.

6. Pressure wash

Speaking of the ROI, it simply doesn’t get better than pressure washing your home. We’re speaking about an action that usually costs you about $200 and gives your home a massive visual boost. Keep in mind, nonetheless, that just cleaning the façade isn’t enough. You should also use it on the driveway, walkway, and the porch. Together, these will give an unparalleled boost to your home’s visuals.

As you can see, the investment requirement on the above-listed design improvements ranges from several hundred to $10,000 which means that there’s something to fit everyone’s budget. On the other hand, if you don’t plan to sell your home right away but in several years’ time, you might find that some of these eco-friendly improvements might bring an even better ROI. All in all, the options are many and all you have to do is pick ones that suit your agenda the best.

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