If you’ve found a great deal in the perfect community on Long Island. If this is your first house, you probably see it as a potential stepping stone to a larger, more modern home and you might be wondering which upgrades add the most resale value down the line. From new appliances to modern Renewal by Andersen replacement windows and patio doors, the choices you make now will have a big impact on how much profit you take away when you hand over the keys to the new owner when it’s time to sell.
While experts say that the number one way renovation that returns more than it costs is painting, there are things you can do now to get more enjoyment from your home, while potentially helping its resale down the road. Here are some value-added home renovation upgrades real estate professionals recommend for people who plan to sell their residence in the next few years that will make it a joy to live in now while bringing better offers once you put your home on the market.
Some upgrades, like redesigning a home office and giving the master suite a makeover may make your home more comfortable and functional for you, but the colors and built-in’s that make you smile now may be a total turn-off for buyers in the future.
To enhance the value for potential buyers, update the lighting. Replace out-of-date track lighting with halogen options or consider an eye-catching chandelier to boost illumination and visual interest. Remember that scratched glass and damaged window panes reduce the overall light in every room which can be a real turn off for potential buyers. Replacement windows improve the view and bring more natural light indoors, which makes everything look better. Energy-Star certified Renewal by Andersen replacement windows also improve energy-efficiency, which is a major selling point. Who doesn’t want to save money on their heating and air conditioning bills?
Consider Cost Versus Return on High-Value Upgrades
While it adds a big “wow-factor”, adding a sunroom is actually a “low-value” renovation because the huge expense is so far above any return you’ll see at resale. If you want a sunroom for you, that’s fine; just don’t think it’s going to add much re-sale value. Replacing a fixed window with a replacement bay or bow window may be a better option. You’ll get a bit more floor space and the ample light and ventilation buyers love while skipping the inconvenience and mess that comes with a “true” addition. Make sure your landscaping and gardens complement the new window too. An immaculate lawn, well-placed flagstone and a variety of plants in urns or pots definitely helps you make a great first impression, something that directly influences the perceived value from the moment a potential buyer arrives.
Front porches are back in vogue. If you don’t plan to invest in a full porch, consider a portico or some other grand entrance. And don’t forget the backyard. Adding a deck, even a small one, can add value to your property. A deck can be a comfortable spot to relax after a long day at work or a striking entry point for your guests. Whether you install an elegant French-hinged replacement patio door or you opt for a more contemporary sliding door, make sure your surrounding windows complement the installation. And, again, pay special attention to the landscaping. Use pavers or stone to build a path to your entrance and a variety of flowering and green plants to add texture throughout the seasons so your property will look beautiful whether you put the place on the market in spring, summer, fall or winter.
Don’t forget Kitchens & Baths
Updating an old kitchen or bath can improve your day to day life and bring a pretty substantial return on your investment. Just remember that styles change frequently in these often renovated spaces, so thing classic, not trendy. Think, stainless, granite counter tops, high-end fixtures and high-quality floors that really stand out. In the master en suite rainshower fixtures are popular for showers now, while luxurious whirlpool tubs and special lighting features tend to have staying power. As in other rooms, update your kitchen and baths with replacement windows designed specifically for your floor plan, furniture and fixtures. The right window styles make all the difference. Awnings installed high on the wall, with the single lever operation, are easier to open and close than a single- or double-hung window and casement windows work exceptionally well in areas where you have to reach, like over the counter or sink in the kitchen.
Renewal by Andersen of Long Island Replacement Windows & Patio Doors Add the Finishing Touches
If you’re renovating your home with plans to sell in the next few years, you want to make sure your project fits your lifestyle while adding value for future owners. Buyers are looking for high-end flooring, state-of-the-art kitchens and luxurious baths. Decks and landscaping are bonus features that increase the value. To get the most out of your investment, pay attention to the details in every room. Replacement window hardware that complements your overall décor is a subtle element that can tie your decorating scheme together or accentuate your custom-built fixtures. Every room looks better in natural light, so design your replacement windows for high energy-efficiency and opportunities to expand the amount of natural light in your home.
Getting the highest return on investment from your home renovation takes careful planning, especially if you want to enjoy your updated spaces for a few years before you list your property. We can help. Fill in the short form on this page to request a brochure or give us a call at (866) 609-5033 and ask to speak to a replacement window and patio door specialists about the many ways our home improvement products can help add value for buyers.
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