Not only do exterior upgrades enhance the look of your home and property, but they also create a great return on investment. Whether you’re planning to sell your home in the immediate future, in the next few years, or longer, these upgrades will make your home more attractive to potential buyers.
Here are some of the best exterior home improvements that help increase the value of your home.
Install a Porch, Deck or Backyard Patio
Anything that helps to improve the outdoors of your home will undoubtedly add value to your home. The options here are really endless! You can add a brick or masonry patio to your backyard, have a new driveway installed, add a stone paver walkway, add a new deck, porch, or portico – the sky is the limit!
Options like adding a patio, deck, or porch will expand your outdoor living area which is a highly attractive feature to potential homeowners and one of the top home remodeling trends for 2021.
Build an Outdoor Living Area
Recreational additions such as a custom fire pit or fireplace and outdoor kitchens are a great way to increase the value of your home. These features are highly desirable among home buyers and give off the feel of a high-end home. Custom masonry fireplaces or fire pits and kitchens can be designed to match your backyard’s current aesthetic, and are available in many different color and stone options.
Check the Condition of Your Roof
The current condition of your roof can either decrease or increase your homes value. Missing or cracked roof shingles may scare off potential buyers, since potential buyers are typically extremely wary of having to make expensive repairs such as roof replacements or repairs.
If you are considering selling your home, you should have a professional roofer assess the current condition of your roof and see if there is a need for repair or possible replacement. Despite the cost of this home improvement, there is a huge return on investment as a new roof is extremely attractive to potential buyers.
Replace Your Garage Door
Replacing your garage door is a great exterior home improvement project to take on because it doesn’t require a large investment on your part. A new garage door not only improves curb appeal, but it also boosts the value of your home making this a great investment.
Replace Your Front Door
Similar to replacing your garage door, replacing the front door of your home is a reasonably cost effective home improvement that comes with a big return. The front door of your home makes a statement, and it should always be a positive one. If your door looks old or dingy, or is damaged it will reduce curb appeal and hurt the potential sale of your home.
Fix Your Home’s Facade
Replacing the exterior siding is another great, cost-effective way to improve your home’s value. Unless you have replaced it in the last couple of years, and all you need is a good cleaning. New siding is one of the best projects to do when it comes to getting a return on your investment. In fact, most home improvement research has indicated homeowners can expect anywhere between an 80-95% return on investment when they upgrade their homes siding.
Update or Refresh Your Landscaping
Vibrant, attractive, lush landscaping is one of the easiest and least expensive ways to add immediate curb appeal and value to your home. Anything from planting flowers to reseeding your grass or planting some trees and shrubs can help give your current landscaping a big facelift. The outside of your home is what buyers see first and with that said it should make a statement and have a lasting impression on anyone who see it.
Add Outdoor Lighting
Outdoor lighting benefits your curb appeal and increases the value of your home in a number of ways. First outdoor lighting helps to deter burglars. It also helps create an attractive atmosphere. In the front yard, lighting can bring out your landscaping features, while in the backyard, lighting can create a relaxing feel for your outdoor living spaces.
Add Some Color
Adding an accent color to your home is another cost-effective, and easy way to improve your home’s value. Whether it’s giving your fence, or porch railing a fresh coat of paint, planting some colorful flowers, or even choosing a colored front door. A nice pop of color makes a huge difference in your home. Even something simple such as adding colorful pillows to seating on your front porch or outdoor rug is a great way to add color on a budget.