4 Exterior Updates That Increase Your Home’s Resale Value
We’ve been working on updating our front yard over the past couple of months. There has been a lot of brainstorming, many trips to the nursery, and deep conversations about what we want our front yard to look like. Do we want it to be functional for the kids to play in? Or would we prefer it just to look really good with a beautiful aesthetic? Knowing that we will probably sell this home at some point in the future, we’ve started thinking about what helps with our home’s resale value. What will appeal to buyers?
So, as we think about this landscaping makeover, we want to ensure we’re being smart and getting the most money back as possible in a sale. I’ve been researching how to increase our home value by updating the outside. It is better for us to check those boxes now than to try to pull it together if we decide to put our house on the market. Check out these exterior updates to increase your home’s resale value.
Curb appeal is extremely important when selling your home because it’s the first thing potential buyers see. A first impression is everything when selling in a hot market. If your lawn has a lot of bare spots or the front of your house is devoid of plants or flowers, many people will immediately feel turned off. In other words, it doesn’t matter how beautiful the inside of your house is if you don’t maintain the outside.
If you don’t have a green thumb, hire lawn service professionals to do the job for you. A well-manicured lawn and a lush flowerbed can work wonders in transforming your home’s exterior. With proper lawn care, buyers will pull up to your home and instantly have a good impression of it.
Another exterior update that increases your home’s resale value is a backyard patio. Homebuyers will love to be able to sit outside and enjoy their backyard. Although adding a patio will increase your home’s value, you can maximize your money by incorporating inviting, relaxing touches throughout the space.
You can make your patio feel like an outdoor living room with a few simple touches. Invest in some comfortable outdoor furniture, roll out an outdoor rug, string up some twinkle lights, and add some large planters for maximum effect. A well-decorated patio increases the amount of usable square footage in your home, so you can command a higher price point.
Two years ago, we did a DIY backyard renovation by installing turf and doubling the size of our patio. It was an amazing transformation, and we use our backyard more often now because it’s cozy and comfortable. The kids can still play in the backyard, but we added a comfortable couch, umbrella, and outdoor games to really optimize the space.
If your home has a front-facing garage door, it should be in good condition. As mentioned before, curb appeal is vitally important, and a banged-up or mismatched garage door can ruin the look of your home. If your door has lots of dents, dings, or general wear, you should replace it.
Additionally, you want to make sure the color and style of your garage door match the rest of your home’s exterior. If you’ve replaced your roof or siding over the years but haven’t updated the garage door, now’s the time. The nicest homes on the block feature a cohesive color scheme that catches your eye and welcomes you inside.
I have even seen people use these window magnets on their garage doors to make it look like they have windows. It really amps up the look of the garage but is easy and affordable.
A new roof is a large investment, but it’s a worthwhile upgrade in the long run. Plus, you may not have a choice in the matter if the home inspector says you need to replace it. A roof is a vital element of your home’s overall structure and durability. You’ll want it to be in good condition before considering selling.
A potential homebuyer will be pleased to learn you recently replaced the roof, as they won’t have to deal with it. With one less task on their plate, they may be more inclined to purchase your home for top dollar. I would be happy as a buyer to know I don’t have to worry about roof replacement anytime soon.
Get ahead of the curve and replace the roof before your home hits the market. Otherwise, you could give the seller money to replace it themselves.
These exterior home upgrades are a great way to get the most for your home when you’re relocating. Cozy outdoor areas, curb appeal, and functionality of the home’s exterior can make your home much more appealing to buyers. Putting in this effort before your home goes on the market can save you much money. And the hassle of negotiations later on, too. If you put in some effort, you’ll certainly see a handsome return on investment.