4 Home Improvements that Add Higher Resale Value
Contemplating selling your Edmonton home in the next couple of years? Make it more alluring to buyers by changing your windows and front door. And add desired features like energy efficiency and smart home capabilities.
These projects are typically less expensive than a major kitchen or master bathroom remodel. And they may help you receive a larger resale value for your home.
We can help you get in motion today at Pella of Edmonton.
Our advisors can help you select the ideal windows and doors for your home. And provide 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 upgrading your front door are some of the simplest 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 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 project 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 largest resale value.
Encompass by Pella® delivers the most desired front door styles at reasonable prices. An elevated frame format for these easy-care 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 offer 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 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
Improve your home’s curb appeal and charm buyers with a grand grand entrance. Putting in a prominent fiberglass front door with sidelights is another fantastic way to enhance your resale price.
Pella® Series fiberglass doors include our exclusive PerformaSeal® design, which helps stop drafts and leaks. And our VividGrain™ stain procedure provides the genuine characteristics of wood. Pick from most-wanted 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 provide a big return for heightened home value.
- Energy efficient
- Low maintenance when finished with a cladded outside
Pella® Lifestyle Series brings the beauty and endurance of wood incorporated with flexible style and performance collections. This series has options that qualify for or top 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 out-of-sight security sensors that maintain the attractiveness of your Pella windows and doors. With just a tap, you can keey an eye on 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 discovered highly efficient ENERGY STAR® windows are especially appealing to buyers.
- 51 percent rated them as “desirable”
- 38 percent consider them “essential”
Even if you aren’t selling your home immediately, putting in energy-efficient windows can help you save now.
A typical homeowner can save $126–$465 every year when exchanging single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Edmonton
Ready to get underway updating your home? Drop by the Pella of Edmonton showroom or give our team a buzz at 780-439-9344. 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.