4 Home Improvements that Add Higher Resale Value
Contemplating selling your Victoria home in the next couple of years? Make it more valuable to buyers by replacing your windows and front door. And add desired features like energy efficiency and smart home functions.
These upgrades are typically less costly than a major kitchen or master bathroom renovation. And they may help you receive a higher resale value for your home.
We can help you get in motion right away at Pella of Victoria.
Our advisors can help you find the ideal windows and doors for your home. And give expert advice for every piece of your project—from product ordering to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Installing new windows and updating your front door are some of the simplest ways to boost your home’s value, according to Remodeling Magazine’s 2019 Cost vs Value Report.
The report evaluates average costs for 22 improvement projects and their resale values in 136 markets throughout the country.
When selling your home, you can predict to recoup around 70 percent of the cost for new windows and doors. That’s about 10 percent more than a high-end kitchen or bathroom renovation that costs significantly more.
1. Steel Front Door
A steel front door is usually the smallest cost of the four projects we cover. But it can recoup the highest resale value.
Encompass by Pella® offers the most wanted front door styles at affordable prices. An elevated frame design for these low-maintenance doors shields against damaging moisture.
Here’s how a new steel front door rates for cost and added value:
- Average cost for replacement: $1,826
- Average increased home value: $1,368
- Return on investment: 74 percent
2. Vinyl Windows
Vinyl windows provide one of the biggest returns for your investment. They’re attractive to buyers because they’re energy efficient and low maintenance. No scraping or painting needed.
Here’s how new vinyl windows rate for cost and added value:
- Average cost for whole-home window replacement: $16,802
- Average increased home value: $12,332
- Return on investment: 73 percent
3. Fiberglass Front Door with Sidelights
Improve your home’s curb appeal and charm buyers with a fancy grand entrance. Adding a prominent fiberglass front door with sidelights is another good way to add to your resale price.
Pella® Series fiberglass doors feature our signature PerformaSeal® design, which helps block drafts and leaks. And our VividGrain™ stain procedure provides the genuine appearance of wood. Select from popular styles like flush-glazed full light, craftsman light and more.
Here’s how this project stacks up for cost and added value:
- Average cost: $8,994
- Average increased home value: $6,469
- Return on investment: 71 percent
4. Wood Windows
Wood windows also supply a major return for increased home value.
- Energy efficient
- Low maintenance when connected with a cladded exterior
Pella® Lifestyle Series brings the charm and durability of wood included with adaptable style and performance possibilities. This series has options that qualify for or surpass ENERGY STAR® guidelines in all 50 states.1
Here’s how new wood windows rate for cost and added value:
- Average cost for whole-home window replacement: $20,526
- Average increased home value: $14,530
- Return on investment: 70 percent
Other Most Desirable Features for Home Buyers
Add additional interest for buyers with smart technology and energy-efficient windows.
This technology uses hidden security sensors that preserve the beauty of your Pella windows and doors. With just a tap, you can keey an eye on your windows and doors and move blinds and shades from almost anywhere.2
Nearly 90 percent of buyers are looking for a home with energy-efficient windows, according to a 2019 report by the National Association of Home Builders.
The report found highly efficient ENERGY STAR® windows are especially attractive to buyers.
- 51 percent ranked them as “desirable”
- 38 percent deem them “essential”
Even if you aren’t selling your home right away, adding energy-efficient windows can help you save today.
A typical homeowner can save $126–$465 every year when exchanging single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Victoria
Ready to begin remodeling your home? Stop into the Pella of Victoria showroom or give our team a ring at 250-475-1277. We’re happy to answer any questions you have.
1Some Pella products may not meet ENERGY STAR® guidelines in Canada. For more information, contact your local Pella sales representative or go to energystar.gc.ca.
2Requires connection to a compatible home automation system and smart device.