How much does exterior design boost your home’s value?, Building roof maintenance, Property repair advice

How Much Does Exterior Design Boost Your Home’s Value?

1 July 2024

One of the most important aspects of owning a home is maintaining its value. This ensures that you can sell your house for a good price when the time comes or even use it as an investment property. While many factors contribute to a home’s value, one often overlooked aspect is exterior design.

Exterior design refers to the overall appearance of your home’s exterior, including the structure, roofing, landscaping, and outdoor features like patios or decks. It is the first impression potential buyers will have of your home, and it can greatly influence their decision-making process.

A well-designed exterior can make your home stand out and entice buyers to look closer. But before you list your home on sites with banners that say, “We buy houses in Kansas City,” it’s important to understand how much value exterior design can really add to your property. Keep reading!

Curb Appeal Matters

First impressions are crucial in real estate, and the exterior of your home is the first thing potential buyers see. Homes with high curb appeal tend to sell more than similar homes with less inviting exteriors. This appeal can be enhanced through simple measures such as maintaining a well-manicured lawn, adding fresh paint, and incorporating attractive landscaping.

A modest investment in your home’s appearance, such as planting colorful flowers, repairing any visible damage, or updating the front door, can significantly increase its market value. Additionally, ensuring that the exterior lighting is functional and aesthetically pleasing can create a welcoming atmosphere for evening viewings. These small but impactful changes attract more buyers and leave a lasting positive impression, making your property stand out in a competitive market.

Landscaping

One of the simplest and most effective ways to boost your home’s value is through landscaping. A well-maintained yard with trimmed hedges, mowed lawns, and vibrant flowers can add considerable value. On average, homeowners spend between $2,600 and $13,700 on landscaping. This investment, if done right, can pay off handsomely. Professional landscaping can enhance your home’s aesthetic appeal and create a welcoming environment for potential buyers.

Doors and Windows

Replacing old doors and windows is a smart investment that offers a good return. Installing a new steel front door or opting for a fiberglass one improves security and updates your home’s look. Similarly, choosing new vinyl windows not only enhances the appearance but also contributes to energy efficiency, potentially reducing heating and cooling expenses.

Exterior Paint and Siding

A fresh coat of paint or new siding can also increase your home’s value. A well-maintained exterior creates a great first impression for potential buyers and adds to its curb appeal. It also protects the house from weather damage, preventing costly repairs down the line. When selecting paint colors, stick to neutral shades that appeal to a wider range of buyers. Also, consider opting for vinyl or fiber cement siding, which are low-maintenance and have a high ROI.

Outdoor Living Spaces

Outdoor living spaces have become increasingly popular in recent years, with many homeowners seeking to extend their living space into the great outdoors. Adding a deck, patio, or outdoor kitchen can significantly increase your home’s value by providing additional usable square footage and creating an ideal location for entertaining guests. Having a functional and well-designed outdoor space can also make your home more appealing to potential buyers.

Pools and Fire Pits

Pools and fire pits are some of the most sought-after features in outdoor living spaces. A pool can add significant value to your home, especially in warm climates where it can be used year-round. However, keep in mind that maintaining a pool can be costly and may not appeal to all buyers.

On the other hand, a fire pit is a lower-cost option that can add ambiance and extend the use of your outdoor space into cooler months. Plus, they are relatively easy to install and maintain. So, if you’re looking to upgrade your backyard without breaking the bank, consider adding a fire pit.

Roof and Gutters

The condition of your roof and gutters can also affect your home’s value. A new roof can recoup about 62% of its cost and can make your home more attractive to buyers by alleviating concerns about potential future repairs. Upgrading your gutters protects your home and enhances its exterior appearance.

Small Details

Don’t overlook the smaller details like exterior lighting, mailbox updates, and door handles. These minor changes can significantly affect your home’s overall appeal. Updating your exterior fixtures and adding strategic lighting can create a welcoming ambiance and improve safety, attractive features for potential buyers.

Conclusion

Investing in your home’s exterior design is more than just a cosmetic upgrade; it can substantially increase your home’s market value and make it more appealing to buyers. From landscaping to new doors and windows, every detail counts.

By carefully planning and executing these improvements, you can enjoy a beautiful home now and reap the financial benefits when it comes time to sell. For further information on specific costs and ROI of various exterior projects, consult with local real estate experts and contractors to make the best choices for your property.

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