The exterior of your home is often the first thing (and sometimes the only thing) buyers will see. The importance of wowing them right off the bat has always been vital. A beautiful and well-kept exterior can lead to assurances on the quality of the interior. There are many exterior remodeling projects that will give you satisfaction in completing and should increase the value of your home when you sell. Here are some of the best for overall value…
Exterior Remodeling Projects to Increase Seller Value
The statistical analysis and data branch of National Association of Realtors has put forth data on the best exterior remodeling projects that can help increase the value of your home, so you get more money when you sell.
They found of the eight exterior remodeling projects surveyed, that four had the best overall value for sellers: #1 New roofing, #2 New garage door, #3 New vinyl siding, #4 New vinyl windows. More of the costs are expected to be recovered in the added value to the home.
*Disclaimer: The report provides a cost recovery estimate for representative remodeling projects. The actual cost of each remodeling projects and cost recovery are influenced by many factors including project design, quality of materials, location, age and condition of the home and homeowner preferences.
Recovered Costs vs. Joy Score of Exterior Remodeling Projects
As a part of the survey of 8 exterior remodeling projects, the NAR(r) Research Department also asked about the satisfaction of seeing a project to completion (“Joy Score”) and with REALTOR(r) opinions of how much of the remodeling cost they could expect to recover in selling the home.
I’m Thinking About Selling – What Should I Do?
Every home is unique and home remodeling projects vary greatly depending on your home’s condition. Considering talking to an experienced Robert Paul Properties Realtor who can help you plot the best course for remodeling and selling your home to earn top dollar.
Be sure to look at our 1st installment in this series…