A home’s exterior can have drastic effects on its value. A modern looking home exterior can not only increase your home’s value but also attract crowds of potential buyers. Installing a new roof is probably the most impactful step homeowners can make to increase their home’s value and exterior appearance. However, there are also several other ways to achieve both
1. Upgrading Your Home’s Roof
A home’s roof is one of the most important exterior features that determines value. An outdated, leaking, or tattered roof will decrease your home’s value quickly. A faulty roof will also discourage potential buyers. The exact amount of value a new roof can provide to your home is dependent upon several factors including the materials of the new roof, the condition of your old roof, and conditions of your area’s real estate market.
Choosing to install a new roof made out of sturdy, stylish, and modern materials is the best way to ensure your upgrade affects your home’s value as positively as possible. Residential tile or cedar shake roofs are two great options for homeowners looking to increase their home’s value and exterior design. These options influence a home’s value because of their studiness and overall lifespan. For example, the average cedar shake roof life is around 30 years.
2. Adding a Deck to Your Home
The addition of a deck to your home can achieve a variety of positive effects. A well-crafted deck can create an outdoor space and atmosphere that increases your home’s value. This value is ultimately created because outdoor and backyard spaces have become more desirable in recent years. Adding a deck to your home can cost anywhere from $1,000 to $4,000 depending on a variety of factors.
A home’s curb appeal refers to the first impression potential buyers and visitors get when approaching your home from the street. This appeal can be positively influenced by a variety of factors and exterior upgrades. These upgrades can include small changes such as painting your front door, adding exterior lights, or colorful and neat landscaping.
However, increasing your home’s curb appeal can also entail more dramatic endeavors such as upgrading your home’s siding or giving your home a new driveway.
4. Upgrading Your Home’s Siding
A home’s paint and siding are two of the first features people notice when walking up to a home. Outdated siding and paint can not only decrease a home’s curb appeal, but also its value. Homeowner’s hoping to increase both of these should look to install modern and stylish siding on their home.
There are a variety of siding options on the market these days. One of the best house siding options is white board and batten steel siding. This siding option can not only provide homes with a modern farmhouse style, but also increase the home’s energy-efficiency.
5. Giving Your Home a New Driveway
Repaving a driveway or otherwise adding a new driveway to your home, is another great way to both increase curb appeal and your home’s value. A homeowner looking to add a new driveway to their home will want to decide between installing an asphalt, concrete, or gravel driveway.
A gravel driveway with pavers is the most effective option to increase your home’s value. These driveways last longer, contain built in water drainage, and possess several other attributes that can have positive effects on the environment, your family, and your home’s value.
Your Home’s New Exterior
Upgrading your home’s exterior is a great way to increase your home’s value. As discussed, upgrading your home’s roof is the best way to increase your home’s value, but other exterior projects can also have an effect.
Skylar Ross is a contributor to the Innovative Materials blog. He is a content writer for the construction and home improvement industries with an interest in landscaping, outdoor remodeling, and interior design. Skylar is focused on educating homeowners, contractors, and architects on innovative materials and methods of construction that increase property value, improve sustainability, and create a warm and welcoming ambiance.