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How to Improve Curb Appeal | Add 3% – 5% to Home Values

Let’s say you live in a neighborhood that was developed in the ’60s and ’70s (in Central Florida). Housing prices are currently running $160,000 – $200,000 on houses that have between 1300 and 1500 square feet of living space. However, one of your neighbors has a $375,000 price tag on his house. Most of the neighbors give it a weird look when they pass by. It’s just not much to look at on the outside and the owner needs to do himself a big favor by improving curb appeal.

In reality, he’s done a fantastic job with the interior of his home. However, your first impression comes as soon as you pull up. Even if he gets potential buyers in the door, there’s the issue that the visual appeal of the exterior doesn’t match the quality of the interior.

If you’re selling your home, adding curb appeal can increase your home value by 3% – 5% according to Consumer Reports. If you’re a developer, you can boost the value of an entire neighborhood with proper curb appeal planning on the front end.

We’ve come up with some ways you can go about improving curb appeal on your home or development to add more value.

Improving Curb Appeal with Your Home Exterior

Another time improving curb appeal matters is when building a new home. Often, the models you get to chose from include multiple elevations. The difference between the two basic models typically just varies the roof design. Obviously, you can’t change that once the builder completes the house. The third model adds HardieBoard siding to the front wall and gable along with stonework on the column bases and garage corners. The total upgrade fee: $1,500. A look at the models side by side easily shows how much the planking and stone adds to the curb appeal.

If you’re a homebuilder, consider at least offering this kind of feature as an upgrade, if not as a standard feature.

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