The real estate market is ablaze at the moment, and we don’t blame you for wanting to hop on. To stand out in such an in-demand space, though, your home may need a little help, especially if it’s competing with other comparable properties that have newer exteriors—as we covered in our blog surrounding the subject.
But what’s the best renovation, period, if you’re looking to sell your home? That depends on local trends and your situation, but Perfect Exteriors is here to lead you in the right direction. Below, you’ll learn about a few top-ROI-earning exterior renovations and if they may be right for you.
Roofing Is Right on Top
The 2019 Remodeling Impact Report from the National Association of Realtors concludes that, above all else, a new roof should be your first stop if you’re looking to get some additional bang for your buck when your home goes on the market. At a whopping 107% ROI, a new roof has the potential to gain you money when you sell your home—not just sell it more quickly.
And who can argue with that? Asphalt roofing and cedar shake roofing alike make a splash in terms of curb appeal, and the added longevity such a renovation provides buyers is nothing short of enticing.
Vinyl Siding: Coming in Hot
The same aforementioned study cited new vinyl siding installation as having a 63% ROI. It thus might not be as huge a performer in the resale respect in some circumstances—remember, lots of what you get back on a renovation is defined by rapidly shifting local trends. Nonetheless, that’s still a pretty respectable number! And with the work of vinyl siding contractors being so colorful and well-loved as it is, this renovation is a universally appealing one, too.
Fiber Cement Siding: A Strong Contender
The 2020 Cost Vs. Value Report from Remodeling magazine reports that fiber cement siding installation can regain a solid 78% percent of its installation costs at sale. A sturdy, premium siding type, fiber cement siding is made of cement and wood fibers, among other things, according to James Hardie, one of our personal favorite siding companies. Its non-combustible nature, rot resistance, and various styles make it a smart choice for all homes—not just those looking to catch the buyer’s eye.
Perfect Exteriors: One Company, A Host of Exterior Contractors
Roofers, siding installers, and more—we’ve got all the pros you need to help your home shine. Give our Monticello office a call today at 763-271-8700.