Housing costs rose about 40% during 2022, and as interest rates soar and inflation lingers, the housing market of 2023 is set to face its lowest state this decade. If you plan to sell your home in the upcoming year, then now might be the perfect time to fix up your home. Below are some home improvements that can increase your chances of success when placing your house up for sale, or make your home worth living in for a lifetime!
When you install energy efficient windows, the return on your investment should average 70%. If you don’t choose energy efficient windows, then you can still recoup a lot of the cost when selling your home. In any case, replacement windows are sure to make your home more attractive to potential buyers, especially when you use windows that are ideal for every room. Here are some ideas:
- Casement windows are great for adding ventilation in hard-to-reach spaces like above the kitchen sink.
- Double-hung windows have a versatile appearance that looks great in most any setting, and two operational sashes provide greater control over the amount of airflow coming into the room.
- Bow and Bay windows brighten any living room or bedroom while giving the interior a more spacious appearance—and the curb-appeal is second-to-none.
- Picture windows complement many modern architectures while providing the best in energy efficiency.
If your home’s exterior is visibly damaged or outdated, then a siding replacement is practically a must when competing in today’s housing market. Thankfully, replacement siding is also a great investment, providing an average ROI of 67%. New siding also increases home value by $12,500 on average. There are various siding options to choose from, all of which provide varying levels of durability, energy efficiency, and ease-of-maintenance. Visit the links below for some information about common siding types:
If your windows and siding are in great shape and you want to put a little extra oomph into your home’s value, the consider attic insulation. You can increase your overall property value by up to 6 percent on average, depending on the size of your home and the type of insulation being used. For example, an e-Shield radiant barrier offers exceptional performance when compared to other attic insulations; it reflects 97% of radiant heat transfer, and it retains its R-value throughout its lifetime.
Contact a Local Exterior Remodeler to Learn More
Do you want more information about the benefits of new windows, siding, or attic insulation? Get answers to all your questions by contacting Compass Window and Doors. We will take the time to learn about your home’s needs and help you find the right solution whether you are planning to sell your home or live in it for decades more!
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