The Power of Curb Appeal: How to Increase Your Home’s Value
Curb appeal is a crucial factor when selling a home. It makes sense—it's the first thing potential buyers see! But why does it matter so much, and how does it impact resale value?
Investing in projects that enhance curb appeal can not only recoup costs but also increase your home's resale value. JLC Magazine (formerly Remodeling Magazine) publishes an annual Cost vs. Value Report outlining job costs, resale value (value added by the project), and cost recouped. In 2024, eight of the top ten projects with the highest returns were curb appeal-related, with garage door replacement ranking first! Other top projects included entry door replacement or creating a grand entrance, adding stone veneer siding, and building a deck.
Of course, you don’t need to undertake a full exterior remodel to make an impact. Small improvements over time can significantly boost your home’s value and attractiveness.
While interior updates like fresh paint, modern lighting, and new flooring make a home feel more inviting, the same principles apply to the exterior. A fresh coat of paint can completely transform a home’s look. Updated lighting and stylish house numbers provide an instant, modern upgrade.
Outdoor living is a huge part of Colorado living. Even in the dead of winter, we often have days where we can enjoy time outside. Investing in exterior spaces is money well spent! Here are five curb appeal projects that can elevate your home’s value:
Landscaping Enhancements – A well-manicured lawn, seasonal flowers, and native plants can make a home more inviting. Adding mulch and trimming trees or bushes can instantly boost curb appeal.
Exterior Paint or Siding Refresh – A fresh coat of paint or updated siding color can make an older home look brand new. Stick with neutral and modern tones that appeal to a broad audience.
Outdoor Lighting Upgrades – Well-placed lighting along walkways, driveways, or entryways enhances security while adding an elegant touch to your home's exterior.
Porch or Entryway Updates – Whether it’s a new front door, updated railings, or stylish outdoor furniture, enhancing the entryway creates a warm welcome for visitors and potential buyers.
Driveway and Walkway Improvements – Cracks or stains in the driveway and walkways can make a home appear neglected. Resurfacing, power washing, or adding pavers can instantly refresh the look of these areas.
Of course, many factors influence a home's value and marketability. If you’re considering projects and want insight from a real estate perspective, feel free to reach out!
[Reference: https://www.jlconline.com/cost-vs-value/2024/]