Showing posts with label #curbappeal. Show all posts
Showing posts with label #curbappeal. Show all posts

Thursday, July 27, 2017

4 Curb Appeal Projects To Max Out Home Value

You’ve been spending so much time on projects inside your home (like that new shower you have to drag yourself out of), that your front yard is starting to scream for a bit of attention.

Poor neglected, thing.

You know your yard has some super curb appeal potential, but where to begin? 

Check out the National Association of REALTORS®’ 2016 Remodeling Impact Report: Outdoor Features (full disclosure: NAR is HouseLogic’s sponsor). It’s got some interesting data on how landscaping affects home value, especially those with tons of curb appeal. They beat out all indoor projects when it comes to adding value to your home!

Below are four projects with so much curb-appeal juice, any money you invest in them is likely to pay you back much more.

#1 Add or Replace a Few Design Basics
Every few years, you overhaul your closet, replacing your worn-out basics with a few new pieces to ramp up your wardrobe. Why not do the same with your yard? Give it a basic makeover so it has some good, classic, value-boosting “bones” to build upon. 

Landscape design basics like:

• A winding flagstone walkway
• A couple of stone planters (6 feet by 2 feet)
• A few flowering shrubs 
• A deciduous tree about 15 feet tall
• Quality mulch

Why you can’t go wrong: The median cost for this makeover is $4,750. But the recoup (how much more your house would sell for after doing this project) is $5,000! Pretty sweet, right?

#2 Add Color and Texture in the Right Places
Experts call it “softscaping.” But basically, it’s adding plants in a designed, intentional way that makes your yard interesting to look at year-round. 

It’s a great project if your yard is already in pretty good shape with some basic design elements mentioned above. 

A typical softscaping project includes:
• Five trees
• 25 shrubs
• 60 perennials
• Natural edging
• Boulder accents

Why you can’t go wrong: You’ll invest about $7,000, but you could recoup every cent in home value, according to the Report. Plus, here’s what the report doesn’t include: You’ll get super energy savings. 

Who doesn’t love lower utility bills?

Just three trees in the right location can save up to $250 a year in heating and cooling costs, says the source for energy-saving stats: the U.S. Department of Energy.

Shade trees help boost curb appeal 

#3 Build a Deck or Patio if You Don’t Have One
If you’re spending sunny days admiring the great outdoors from indoors, it’s time for a change to get you outside… like finally building that deck or patio you’ve been dreaming of.

Why you can’t go wrong: A patio costs about $6,400 and recoups 102%. A wood deck will cost $9,450 with a slightly higher recoup of 106%. Plus, how can you put a price on all those evening cookouts and Sunday brunches al fresco?

#4 Heap Loads of Love on Your Lawn
Yep, you read that right. Especially if you know you’re going to sell in the next year or so. 

It’s the easiest project to do — and it has a whopping ROI of 303%!

Lawn maintenance is simple:
• Fertilize
• Aerate 
• Weed
• Rake 

Why you can’t go wrong: It’s the cheapest project to do with an annual cost of only $330. Every year, you’ll reap the benefits of a lush, barefoot-friendly lawn. 

(But note that unlike the other landscaping features listed in this article — deck, patio, hardscaping, trees, etc. — you’ll only get that fabulous 303% ROI on your maintenance costs for the year right before you sell. That’s because lawn maintenance has to be repeated annually, unlike the other projects).


Wednesday, October 1, 2014

Curb Appeal Matters (Even When You're Not Selling)

First impressions aren’t just important in the business world; they’re also crucial in the real estate world. Consequently, curb appeal is a detail that shouldn’t fall to the wayside, whether you’re currently selling your home or not. While it goes without saying that attention to curb appeal can make all the difference in getting a prospective buyer to part with thousands of dollars more when a sale occurs, there are plenty of reasons to boost your home’s curb appeal now (even if a “For Sale” sign isn’t posted on your front lawn).  

If you really pay attention to the way your home looks from the street, your mind won’t necessarily be drawn immediately to home sales. After all, pride in your home’s appearance maintains the value of your investment and curb appeal also attracts good neighbors. If another home is for sale on your street, strong curb appeal keeps a neighborhood’s values intact. New neighbors also will be committed to home upkeep if other homes set a positive example.  

Here are a few tips to improve your home’s curb appeal: 

Clean up

If you have kids, a messy array of toys sprawled across your front lawn isn’t the most appealing look. Keep your front lawn as tidy as possible and your garage clean enough so that you can park your vehicle inside, as both actions add to your home’s curb appeal. And if you have any lingering weeds or dead plants, then it doesn’t take much time to remove them.

Personalization
No one wants to buy a home that looks like all other homes and therefore you probably don’t want to live in a home that doesn’t reflect your tastes and uniqueness. Curb appeal also can be a means of self-expression, such as whether you love brilliant colors or prefer a more subdued palate. A strong landscape design can really make your home stand out from the crowd.
 
Doors and Windows

If your doors and windows are showing significant wear-and-tear, then you may want to consider upgrading or cleaning them because they are some of the first items that people notice. Chipped paint on the front door or dirty windows detract from your home’s look and can be easily fixed with a fresh coat of paint or window washing.

Porch

People may be more likely to camp out in front of a television rather than on a front porch, but a porch significantly adds not only to the selling value of a home but its curb appeal as well. If your home has a porch, ensure that it is free of dirt and that there is inviting outdoor furniture—all of which makes for a home that looks welcoming.

Outdoor Lighting

From a visual standpoint, portable outdoor lamps, solar garden lights, or other means of outdoor lighting can really bring out your home’s exterior features and keep your home looking sharp during the evening hours.

It’s clear that whatever you do, curb appeal is an important part of your home and it comes down to planning and execution. 
www.mvprealestategroup.com