- Improving curb appeal is essential for increasing real estate value and time on the market. Home advisor found that it yields up to a 107% return when selling.
- Outdoor amenities such as patios or decks, kitchens, fire pits/heaters, solar lights, and garage advancements contribute to a property’s value.
- Upgrading doors and windows benefits buyers and sellers economically, while modern lighting features increase safety and aesthetics.
- The garage is an area of the property that can be improved to boost value. Investing in modern technology helps to increase convenience, safety, and energy efficiency.
Improving a property’s curb appeal, particularly one you are trying to sell, can be incredibly beneficial for your real estate business. It can lead to higher sale prices and less time on the market. In fact, according to the National Association of Realtors, 60% of potential buyers said that ‘curb appeal’ was an essential factor when looking at potential homes.
A survey from Home Advisor found that improving a home’s exterior can yield up to a 107% return when selling. This means that if you spend $10,000 on improvements, you could receive up to $20,700 back in the form of increased value. Some simple modifications can significantly improve curb appeal and boost value – without breaking the bank.
In addition, it has been found that properties with good curb appeal often have a lower time-on-market than those without it. Research has revealed that homes with higher-quality landscaping tend to sell faster than those without any landscape projects done – sometimes up to 11 days faster!
However, curb appeal is more than just landscaping improvement. Here are a few other aspects that contribute to a property’s value:
Doors and Windows Improvement
Upgrading the doors and windows of a property can have a dramatic effect on real estate value. Doors and windows are typically the first things potential buyers notice about a home, so it is essential to ensure they look good. High-quality doors and windows are aesthetically pleasing, providing better insulation, increased security, and improved energy savings.
Installing new or upgraded doors and windows can often result in significant cost savings for buyers and sellers. More recent models are more efficient than older models, meaning lower heating and cooling bills over time. In addition, newer materials tend to require less maintenance than older ones while still providing superior quality. This makes them more attractive to buyers who want a low-maintenance property without sacrificing looks or performance.
In addition to economic benefits, new or upgraded doors and windows can also increase the overall safety of a property. Installing reinforced glass will prevent easy break-ins, while modern locks offer an extra layer of security that may be attractive to potential buyers looking for peace of mind when buying a home.
Outdoor Amenity Installation
Curb appeal is not just about landscaping and window and door improvement. Installing outdoor amenities can also provide a great return on investment for improving the value of your property. Several outdoor amenities can help enhance the curb appeal of your real estate property, and here are four of the best installations to consider:
Patios and Decks
Installing a patio or deck provides extra living space for entertaining guests, relaxing outdoors, or simply sitting back to enjoy the view. A deck or patio adds instant charm to any property, providing an inviting outdoor space that potential buyers can appreciate. Additionally, they’re relatively low-maintenance investments with good durability when made with quality materials.
Outdoor Kitchens
Having an outdoor kitchen is a great way to add value to your property while creating an enjoyable environment for entertaining friends and family. It’s also becoming increasingly popular among homebuyers looking to take advantage of the outdoors while still having the convenience of preparing meals in their backyard. An outdoor kitchen can include features such as stainless steel appliances, granite countertops, built-in grills and smokers, fire pits, and even pizza ovens!
Fire Pits and Patio Heaters
Adding fire pits or patio heaters are great ways to make an outdoor space even cozier during cooler months. Fire pits provide warmth and light for gatherings under the stars; plus, they come in various shapes and sizes, so you can find one that suits your needs perfectly! Patio heaters are also a great addition; they keep those chillier evenings comfortable without taking up too much space or requiring regular maintenance like wood-burning fire pits do.
Lighting Features
Proper lighting is essential for creating an inviting atmosphere around your property both day and night, which makes it more appealing to potential buyers – not to mention increasing safety as well! Low voltage fixtures are perfect for highlighting pathways or garden features, while motion-activated lights help protect against intruders by illuminating dark areas when they detect movement nearby. Adding solar-powered lights around decks or patios gives off a subtle glow that adds character while keeping energy costs down.
Garage Advancements
Upgrade your home’s curb appeal by investing in durable garage door springs and the latest garage technology. Installing the newest garage technology can help improve home buyers’ safety, convenience, and energy efficiency. It also adds a modern touch to the property’s exterior.
Investing in durable garage door springs will ensure that your doors are reliable and long-lasting, making it easier for potential buyers to move into their new homes with peace of mind. A durable system can also offer features such as automatic openers, which add an extra layer of convenience and safety while increasing the overall value of your property.
Modern garage doors also have improved insulation properties that help homeowners save money on energy bills. This is especially beneficial during colder months when temperatures drop outside and reduces noise pollution from traffic or other external sources. Additionally, motorized systems can be set up to close automatically within a specific time frame – meaning no more worrying about leaving the door open overnight!
Final Thoughts
Improving the curb appeal of a property can be highly beneficial for real estate businesses, as it leads to higher sale prices and quicker times on the market. So if you’re looking to boost your real estate business profits and make your properties more attractive to potential buyers, consider improving its curb appeal today! These tips and tricks allow you to quickly and easily enhance your real estate investments’ value.
