Every year Realtors across the country help compile the National Association of Realtors' Remodeling Cost vs Value Report which helps us understand the "market" value of renovations and additions. This report, this year, highlighted that Curb Appeal is more important than ever!
For example, the most "profitable" project nationwide was upscale fiber cement siding (such as Hardy Plank) which recouped 86.7% of costs. Wood decks followed at 81.8%.
Now, if your house does not need new wood siding, perhaps a fresh coat of paint will do the trick of enhancing your curb appeal. Check with your realtor as to what are popular color combinations, if you're not sure. We're out with buyers all the time and know what they like.
In addition to the siding, pay attention to your walkway and fences. Are they in good shape? If not, paint or remove or replace the fence. Repair, if possible, the walkway. Or, replace it. Unless this is something you really know how to do, hire a professional mason. You will see 100% of this investment when you sell.
Other ways to improve your curb appeal is plants. Certainly in Summer, Spring and Fall flowers and flowering plants give the biggest bang for your buck. In winter, charming pots with evergreens strategically placed will work wonders. Outdoor lighting is also a great way to make your home more appealing to buyers in the early evening, especially since it gets dark so early. Let your home be noticed even after the sun goes down.
Contact me or your Realtor for the complete remodeling cost vs value report for your area. Ask us to help you stage your home in Chatham, Summit, Madison and Short Hills for top curb appeal. We'll help you get top dollar even in today's market!
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I'm absolutely with you on the improving curb appeal! Homeowners should consider that many buyers will consider the future upkeep of those plants in their buying process, so more isn't necessarily more. Think classic, clean and bang for your buck!
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