4 Home Improvements that Add Higher Resale Value
Contemplating selling your Kelowna home in the next several years? Make it more attractive to buyers by changing your windows and front door. And add popular features like energy efficiency and smart home abilities.
These projects are usually less pricey than a in-depth kitchen or master bathroom renovation. And they may help you net a larger resale value for your home.
We can help you get in motion now at Pella of Kelowna.
Our advisors can help you select the ideal windows and doors for your home. And offer 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
Adding new windows and updating your front door are some of the easiest ways to increase your home’s value, according to Remodeling Magazine’s 2019 Cost vs Value Report.
The report analyzes average costs for 22 renovation projects and their resale values in 136 markets around the country.
When selling your home, you can predict to recoup 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 usually the most reasonable cost of the four projects we cover. But it can recover the biggest resale value.
Encompass by Pella® delivers the most popular 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 measures 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 highest returns for your investment. They’re attractive 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 an upscale grand entrance. Putting in a prominent fiberglass front door with sidelights is another great way to enhance your resale price.
Pella® Series fiberglass doors feature our exclusive PerformaSeal® design, which helps stop drafts and leaks. And our VividGrain™ stain process delivers the authentic look 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 higher home value.
- Energy efficient
- Low maintenance when connected with a cladded outside
Pella® Lifestyle Series brings the attractiveness and strength of wood included with versatile style and performance packages. This series provides options that qualify for or top ENERGY STAR® guidelines in all 50 states.1
Here’s how new wood windows rank 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 conserve the beauty of your Pella windows and doors. With just a tap, you can check your windows and doors and control blinds and shades from almost 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 revealed highly efficient ENERGY STAR® windows are especially appealing to buyers.
- 51 percent listed them as “desirable”
- 38 percent regard them “essential”
Even if you aren’t selling your home immediately, adding energy-efficient windows can help you save today.
A typical homeowner can save $126–$465 every year when substituting single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Kelowna
Ready to start remodeling your home? Drop by the Pella of Kelowna showroom or give our team a call at 250-863-7902. 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.