If you are looking to sell your home within the next year, it is important that it looks good from the outside. This is because the exterior is the first thing that people will see when they drive by the property or see a listing online. What are some easy and affordable exterior home projects that can make it easier to get your house off the market quickly?
Put Up New Siding
Average Job Cost: $16,761
Average Resale: $14,097
Cost Recouped: 84.1%
According to the 2017 Cost vs. Value Report, new siding is a profitable remodeling project for the Pacific area of the U.S. New vinyl siding can last for several decades if it is properly installed and exposed to average weather conditions. One of the main benefits to replacing your home’s siding is to make it look good to those who are seeing it for the first time. However, new siding can also make your home more energy efficient as well as resistant to water and pests. If you plan to sell in just a few years time, new siding is a great investment.
Add Greenery & Order To The Front Yard
According to the 2017 Houzz Landscape Trends Study, the share of outdoor projects motivated by a recent home purchase increased in 2017 (33% vs. 25% in the 2016 study). If you do the outdoor renovating upfront, your home will attract more buyers and sell quicker once it hits the market. More than half of those updating their front yards say that beds or borders (47%), shrubs (29%), and perennials (28%) are the most important features of their home’s curb appeal.
Homeowners who are trying to landscape their property on a limited budget should spend the majority of their money on the front yard. This is because most buyers have already made up their mind about a house by the time that they see the backyard. Adding trees or tall shrubs can add color to your yard while also providing shade and privacy.
Repair Or Replace The Roof
Average Job Cost: $23,406
Average Resale: $18,835
Cost Recouped: 80.5%
If the roof is old, is missing shingles or is starting to leak, it should be repaired or replaced. Calling a roof repair company, like The Roof Doctor, may help you get the job done right the first time and within your budget. Most roofing professionals can fully replace a roof within a day or two, which means that you can do the work without significantly altering your home sale timetable.
Put your money where it matters most
The purpose of any exterior home project is to make your house look presentable to buyers. If the outside of a home is well cared for, buyers generally assume that the inside has also been properly maintained. This means that you don’t necessarily need to spend thousands of dollars to get your property ready for sale.
As a general rule, homes that are taken care of by their owners tend to sell faster and for more money. Therefore, exterior home improvement projects may be worth undertaking, especially if your selling timeline is 6-12 months out. Consult with a real estate agent to determine which projects will yield the highest return on your investment, based on your personal real estate timeline.
