10 Exterior Features That Add Value To Your Home
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They say you shouldn’t judge a book by its cover, but in the home selling business, appearance is everything. Sprucing up the exterior of your home is sure to catch the buyer’s eye, potentially sending the make-or-break scale in your favor. Modernizing out-of-date spaces and tending to unkempt areas can add instant value; a little investment can go a long way.
Exterior renovation can seem daunting, and you may be wondering where to start? The following are ten quick and easy tips on how to add value to your home.
Enrich your green spaces
First impressions are critical; over 50% of homebuyers have made their decision based on the exterior of your home. Front and back yards are top selling points; enhancing your green spaces is an easy way to add value.
Lawn treatment is one of the most cost-effective ways to improve your landscape; start by simply laying down fresh seed and maintaining hydration; pay close attention to trodden areas and worn patches. Utilize garden space with vibrant flower beds, seasonal shrubberies, and trees. Estate specialists say landscaping renovations can improve a home’s value by 28%.
Modernize outdoor furniture
Implement a premium feel to your entertainment spaces with a fire pit; you could add 15-40% to your home’s total value. Pair outdoor assets with a color palette of your choice; soft garden sofas and dining furniture work well around the fire pit. Think outside the box; swing chairs deposited amongst greenery add character, you’ll want your viewers to imagine themselves living comfortably.
Add a pool or water features
Now you may be wondering, why install something as significant as a pool before moving? The installation of pools and hot tubs can put you at an advantage over your competitors and increase marketability.
Refresh your balcony
Renovate your balcony’s structural points and ensure waterproofing is installed to prevent leakage. Balconies are another top selling point, particularly at detached houses. Beautify the space with potted plants and hanging lights; update the railings with a coat of paint or redesigned style.
Renovate your doors, windows, and signage
If you want to add easy value to your home, altering your exterior hardware could be an option for you. Add a fresh coat of paint to doors and window frames; bold colors will help your property stand out from the crowd.
Increasingly, homeowners install front doors with innovative hardware such as camera-operated doorbells and artistically placed windows. Double glazing is an essential asset to any valuation, consider energy effective, UV protected glass.
Install decking and patios
Modern hardscaping is one of the best ways to influence a potential buyer and increase value. Raise your curb appeal with hardwood decking and stone patios to receive a staggering 102%-106% return on investment. 77% of residents claim they are more likely to stay in and enjoy home comforts with these amenities.
Replace your garage doors
One of the areas residents often forget about is their garage; off-road parking is undoubtedly an asset you’ll want to draw attention to. Consider investing in electrically powered doors to provide a sense of security. Garage door renovations can generously add $3,400 in value.
Install eco-friendly resources
Buyers are becoming increasingly eco-conscious and will look for sustainability around your property. Solar panels are a prominent option guaranteed to boost value and save on energy costs. If you’re looking to scale down, rain-catching facilities are another productive way to promote green living and improve value.
Make the most of entertainment spaces
Another way to exceed first impressions is to install an outdoor kitchen space; electrically wired and correctly piped utilities are guaranteed to deliver the wow-factor. Alternatively, transform free space into a detached annex and open up your very own personal bar or office.
Utilize lighting around the exterior
Decorative outdoor lighting can amplify your exterior features and elevate curb appeal. Install strategically placed lighting to exhibit architectural structure or subtly illuminate your flower bed. Homeowners may feel safer with lighting leading up to the house’s front and on surrounding paths.
If you’re looking to increase your home’s value, these quick tips should help you do the job. Modernize hardscapes and touch up softscapes, create living areas that elevate your exterior. Remember, an investment now can become a profit later.
About The Author: Emila Smith is a freelance journalist with a love for real estate, property trends and construction. She has been published on sites such as Alure, RealtyExecutives and Bigger Pockets.
Image by Jesse Bridgewater from Pixabay
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