4 Home Improvements that Add Higher Resale Value
Contemplating selling your Mankato home in the next couple of years? Make it more valuable to buyers by updating your windows and front door. And add desired features like energy efficiency and smart home abilities.
These enhancements are generally less costly than a major kitchen or master bathroom update. And they may help you net a bigger resale value for your home.
We can help you get in motion right away at Pella of Mankato.
Our advisors can help you select the correct windows and doors for your home. And offer expert advice for every part of your project—from product choice to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Installing new windows and upgrading your front door are some of the best ways to enhance your home’s value, according to Remodeling Magazine’s 2019 Cost vs Value Report.
The report analyzes average costs for 22 remodeling projects and their resale values in 136 markets across the country.
When selling your home, you can expect to reclaim around 70 percent of the expense for new windows and doors. That’s about 10 percent more than a high-end kitchen or bathroom remodeling that costs considerably more.
1. Steel Front Door
A steel front door is usually the smallest cost of the four projects we cover. But it can recover the biggest resale value.
Encompass by Pella® delivers the most desired front door styles at reasonable prices. An elevated frame format for these easy to care for doors protects against damaging moisture.
Here’s how a new steel front door measures 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 offer one of the biggest returns for your cost. They’re desirable for buyers because they’re energy efficient and low maintenance. No scraping or painting necessary.
Here’s how new vinyl windows rank 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
Enhance your home’s curb appeal and attract buyers with an upscale grand entrance. Installing a distinctive fiberglass front door with sidelights is another fantastic way to add to your resale price.
Pella® Series fiberglass doors include our signature PerformaSeal® design, which helps halt drafts and leaks. And our VividGrain™ stain procedure provides the genuine look of wood. Select from most-desired styles like flush-glazed full light, craftsman light and more.
Here’s how this project ranks 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 provide a big return for higher home value.
- Energy efficient
- Low maintenance when finished with a cladded surface
Pella® Lifestyle Series includes the attractiveness and endurance of wood included with versatile style and performance collections. This series has options that fulfill or surpass ENERGY STAR® guidelines in all 50 states.1
Here’s how new wood windows rank 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 appeal for buyers with smart technology and energy-efficient windows.
This technology uses concealed security sensors that maintain the beauty of your Pella windows and doors. With just a tap, you can monitor your windows and doors and manage blinds and shades from virtually 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 revealed highly efficient ENERGY STAR® windows are especially attractive to buyers.
- 51 percent ranked them as “desirable”
- 38 percent consider them “essential”
Even if you aren’t selling your home right away, putting in energy-efficient windows can help you save now.
The average homeowner can save $126–$465 every year when substituting single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Mankato
Ready to get underway remodeling your home? Stop into the Pella of Mankato showroom or give our team a ring at 507-625-6933. 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.