4 Home Improvements that Add Higher Resale Value
Thinking about selling your Owensboro home in the next couple of years? Make it more attractive to buyers by replacing your windows and front door. And add popular features like energy efficiency and smart home functions.
These upgrades are typically less costly than a in-depth kitchen or master bathroom update. And they may help you get a larger resale value for your home.
We can help you get in motion today at Pella of Owensboro.
Our advisors can help you find the ideal windows and doors for your home. And provide expert advice for every step of your project—from product ordering to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Putting in new windows and upgrading your front door are some of the easiest 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 around the country.
When selling your home, you can expect to recover 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 considerably more.
1. Steel Front Door
A steel front door is often the smallest cost of the four projects we cover. But it can recoup the largest resale value.
Encompass by Pella® provides the most wanted front door styles at competitive prices. An elevated frame format for these easy to care for doors guards against damaging moisture.
Here’s how a new steel front door ranks 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 largest returns for your investment. They’re enticing to buyers because they’re energy efficient and low maintenance. No scraping or painting required.
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
Enhance your home’s curb appeal and charm buyers with an upscale grand entrance. Adding a prominent fiberglass front door with sidelights is another fantastic way to increase your resale price.
Pella® Series fiberglass doors feature our exclusive PerformaSeal® design, which helps stop drafts and leaks. And our VividGrain™ stain method offers the authentic characteristics 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 bring a large return for increased home value.
- Energy efficient
- Low maintenance when connected with a cladded outside
Pella® Lifestyle Series offers the attractiveness and strength of wood included with versatile style and performance packages. This series provides options that fulfill or exceed 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 extra appeal for buyers with smart technology and energy-efficient windows.
This technology uses concealed security sensors that maintain the attractiveness of your Pella windows and doors. With just a tap, you can monitor your windows and doors and move blinds and shades from nearly 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 discovered highly efficient ENERGY STAR® windows are especially inviting to buyers.
- 51 percent listed them as “desirable”
- 38 percent regard them “essential”
Even if you aren’t selling your home right away, putting in energy-efficient windows can help you save today.
A typical homeowner can save $126–$465 annually when exchanging single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Owensboro
Ready to get underway updating your home? Come to the Pella of Owensboro showroom or give our team a call at 270-684-3028. 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.