4 Home Improvements that Add Higher Resale Value
Thinking about selling your Calgary home in the next few years? Make it more alluring to buyers by updating your windows and front door. And add most-wanted features like energy efficiency and smart home functions.
These enhancements are generally less expensive than a significant kitchen or master bathroom renovation. And they may help you receive a higher resale value for your home.
We can help you get going today at Pella of Calgary.
Our advisors can help you select the correct windows and doors for your home. And provide expert advice for every piece of your project—from product choice to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Installing new windows and upgrading your front door are some of the best ways to boost your home’s value, according to Remodeling Magazine’s 2019 Cost vs Value Report.
The report evaluates average costs for 22 renovation projects and their resale values in 136 markets throughout the country.
When selling your home, you can predict to recover around 70 percent of the total for new windows and doors. That’s about 10 percent more than a high-end kitchen or bathroom remodeling that costs significantly more.
1. Steel Front Door
A steel front door is typically the smallest cost of the four projects we include. But it can recover the largest resale value.
Encompass by Pella® offers the most wanted front door styles at affordable prices. An elevated frame format for these easy to care for doors protects 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 money. They’re enticing to buyers because they’re energy efficient and low maintenance. No scraping or painting required.
Here’s how new vinyl windows rank 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 fancy grand entrance. Installing a prominent fiberglass front door with sidelights is another fantastic way to increase your resale price.
Pella® Series fiberglass doors have our signature PerformaSeal® design, which helps block drafts and leaks. And our VividGrain™ stain process offers the real characteristics of wood. Pick from popular 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 bring a large return for increased home value.
- Energy efficient
- Low maintenance when connected with a cladded outside
Pella® Lifestyle Series includes the attractiveness and strength of wood incorporated with versatile style and performance possibilities. 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 interest 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 virtually 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 deem them “essential”
Even if you aren’t selling your home right away, installing energy-efficient windows can help you save today.
A typical homeowner can save $126–$465 annually when replacing single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Calgary
Ready to get underway remodeling your home? Come to the Pella of Calgary showroom or give our team a buzz at 403-681-6363. 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.