4 Home Improvements that Add Higher Resale Value
Considering selling your Danville home in the next couple of years? Make it more alluring to buyers by replacing your windows and front door. And add most-wanted features like energy efficiency and smart home functions.
These projects are generally less expensive than a major kitchen or master bathroom renovation. And they may help you net a higher resale value for your home.
We can help you get going now at Pella of Danville.
Our advisors can help you choose the ideal windows and doors for your home. And provide expert advice for every piece of your project—from product selection to a no mess, no guess installation day.
4 Best Renovation Projects to Increase Home Value
Putting in new windows and modernizing 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 compares average costs for 22 remodeling projects and their resale values in 136 markets around the country.
When selling your home, you can expect 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 remarkably more.
1. Steel Front Door
A steel front door is typically the most reasonable cost of the four projects we include. But it can recoup the biggest resale value.
Encompass by Pella® provides the most desired front door styles at competitive prices. An elevated frame format for these easy-care 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 biggest returns for your cost. They’re enticing to buyers because they’re energy efficient and low maintenance. No scraping or painting needed.
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
Increase your home’s curb appeal and charm buyers with an upscale grand entrance. Installing a prominent fiberglass front door with sidelights is another great way to increase your resale price.
Pella® Series fiberglass doors include our signature PerformaSeal® design, which helps halt drafts and leaks. And our VividGrain™ stain process provides the real look of wood. Select 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 bring a big return for increased home value.
- Energy efficient
- Low maintenance when connected with a cladded exterior
Pella® Lifestyle Series brings the attractiveness and durability of wood included with versatile style and performance packages. 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 more interest for buyers with smart technology and energy-efficient windows.
This technology uses hidden security sensors that conserve the attractiveness of your Pella windows and doors. With just a tap, you can check your windows and doors and manage blinds and shades from almost 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 revealed highly efficient ENERGY STAR® windows are especially inviting to buyers.
- 51 percent ranked them as “desirable”
- 38 percent regard them “essential”
Even if you aren’t selling your home right away, installing energy-efficient windows can help you save today.
The average homeowner can save $126–$465 annually when substituting single-pane windows with ENERGY STAR windows.
Expert Design Advice at Pella of Danville
Ready to get underway upgrading your home? Stop into the Pella of Danville showroom or give our team a buzz at 217-443-3355. 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.