4 Home Improvements that Add Higher Resale Value
Contemplating selling your Peoria home in the next several years? Make it more attractive to buyers by changing your windows and front door. And add popular features like energy efficiency and smart home abilities.
These projects are typically less costly than a major kitchen or master bathroom update. And they may help you receive a bigger resale value for your home.
We can help you get in motion right away at Pella of Peoria.
Our advisors can help you select the ideal windows and doors for your home. And give expert advice for every step of your project—from product choice to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Putting in new windows and updating your front door are some of the easiest ways to boost your home’s value, according to Remodeling Magazine’s 2019 Cost vs Value Report.
The report compares average costs for 22 improvement projects and their resale values in 136 markets across the country.
When selling your home, you can predict to reclaim around 70 percent of the cost 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 often the most reasonable cost of the four projects we list. But it can capture the highest resale value.
Encompass by Pella® provides the most popular front door styles at competitive prices. An elevated frame format for these low-maintenance doors protects 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 cost. They’re attractive to buyers because they’re energy efficient and low maintenance. No scraping or painting needed.
Here’s how new vinyl windows measure 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 attract buyers with a grand grand entrance. Installing a striking fiberglass front door with sidelights is another great way to add to your resale price.
Pella® Series fiberglass doors have our exclusive PerformaSeal® design, which helps halt drafts and leaks. And our VividGrain™ stain procedure offers the real appearance of wood. Select from most-desired styles like flush-glazed full light, craftsman light and more.
Here’s how this project rates 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 higher home value.
- Energy efficient
- Low maintenance when connected with a cladded outside
Pella® Lifestyle Series brings the beauty and strength of wood incorporated with versatile style and performance packages. This series has options that fulfill or top 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 extra appeal for buyers with smart technology and energy-efficient windows.
This technology uses out-of-sight security sensors that maintain the charm of your Pella windows and doors. With just a tap, you can check your windows and doors and manage blinds and shades from almost anywhere.2
Nearly 90 percent of buyers desire a home with energy-efficient windows, according to a 2019 report by the National Association of Home Builders.
The report discovered highly efficient ENERGY STAR® windows are especially attractive to buyers.
- 51 percent rated them as “desirable”
- 38 percent regard them “essential”
Even if you aren’t selling your home now, adding energy-efficient windows can help you save today.
The average homeowner can save $126–$465 each year when substituting single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Peoria
Ready to start upgrading your home? Drop by the Pella of Peoria showroom or give our team a buzz at 309-306-3893. 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.