Upgrading the exterior of your home is more than a labor of love; it can also boost the property value and be an extension of your personality and the pride you take in your home.
Many homeowners delay home improvement projects because of the initial upfront investment. If you’re delaying upgrading the exterior of your home because you’re worried about cost, you should know that the ROI (return on investment) can counteract the expense of most of your exterior renovations. It’s estimated that homeowners can recoup more than half of what they paid for an exterior renovation if they sell their home within a year. The ROI for home improvement projects varies, so it’s important to choose exterior renovations that will yield the best results.
Replace the Roof
A new roof is a smart investment as it always adds to the property value of your home. A new roof improves the energy efficiency, therefore reducing utility costs and providing savings over the years.
While a new roof is a significant investment, it is also rumored to be the exterior project that appeals most to potential buyers, followed closely by new windows.
Install New Windows
A window replacement is another home exterior project that pays off big. The average cost of new windows is $150 to $800 per window based on multiple factors. Replacing the windows in your home can add thousands of dollars to the market value, and with an average ROI of up to 85%, new windows are a worthwhile investment.
In addition to receiving a high ROI, you’ll experience many benefits with new windows, including improved energy efficiency resulting in reduced heating and cooling costs.
Spruce Up the Siding
Curb appeal is key in today’s market, so replacing your worn, cracked vinyl siding can do wonders to transform the exterior appeal of your home. In addition to improving the aesthetics and energy efficiency of your home, new vinyl siding can save your home from damage, including unwanted air, dirt, pests, and water from infiltrating into your home.
The total cost of a vinyl siding replacement can be between $5.50 to 8.50 per square foot, with the total installed price of about $7.50 to $12.50 per sq. ft., but don’t despair about the price, as this project recoups over 70% of its cost when installed correctly.
Revitalize Your Front Door
Your entry door is the first thing people notice about your home, so why not make a statement with a front door that really pops? Investing in a new door is a less expensive option than a roof or window replacement and it can make an impressive impact. A new front door made of steel can cost you an average of about $2,000 installed which isn’t too bad considering how much it can transform the look of your home.
A new entry door is an affordable home project that increases your home’s property value, boosts the curb appeal of your home, improves energy efficiency, and provides more home security.
Add Value Without the Worry
Many homeowners have limited budgets for home projects, so it’s always a good idea to research which projects offer the best ROI. You want to know that the money you spend is going to raise value and provide benefits. If you’re ready for a worry- free upgrade, contact your local trusted home improvement experts at Armorvue Home Exteriors. We have been helping people in this community make their homes look great for over 75 years, and we can do the same for you.