As a homeowner, you always want to be increasing the equity of your home. Whether you plan on selling in the near future or not, it is always beneficial to have a higher equity stake in your home. In this post, we will go over the top exterior home renovation projects that will add the most equity to your home.
1. Garage Doors: Adding new garage doors is a great way to quickly add curb appeal and value to your home. Along with adding value, new garage doors can also help reduce your energy bill. There are many different styles and materials to choose from, so you are sure to find something that fits your homes aesthetic.
2. Siding and painting: If your home’s siding is old, faded, damaged or weather beaten, it might be time for an update. Giving your home fresh siding will help your house appeal to a wider range of potential buyers & command a higher price.
3. Windows: Replacing old windows is another great way to add value and curb appeal to your home. New windows can also help improve your homes energy efficiency which will be a big selling point for potential buyers.
4. Paint Refresh: If you don't have the budget for major projects like siding or window replacement, painting is a great way to give your home's exterior a facelift. Giving your home a fresh coat of paint is one of the quickest and most affordable ways to increase its value. When choosing paint colors, be sure to select something that will appeal to a wide range of buyers should you decide to sell in the future.
5. Roofing: Like everything else on this list, a new roof can also add curb appeal and value to your home. When choosing a new roof, it is important to consider both the cost and the durability of the material. Some materials are more expensive upfront but will last much longer than others, so be sure weigh your options before making a decision.
These are just a few of the many exterior home renovation projects that can help increase the value of your home. When planning any kind of renovation project, it is important to consider both the cost and the return on investment (ROI). Some projects might be more expensive upfront but will offer a higher ROI than others. Be sure consult with a professional before beginning any kind of exterior renovation project on your home.
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