According to the " 2015 Cost vs Value Report, produced by Remodeling magazine in cooperation with the National Association of REALTORS® and REALTOR® Magazine" entry door replacement is number one on buyers list.
Wow, it was very surprising to find out kitchens and bathrooms have slipped from the top positions.
Snapshot of report below. Click here to read the complete report.
Project Average Recoup On Investment
1. Entry Door Replacement 101.8%
2. Manufactured Stone Veneer 92.2%
3. Garage Door Replacement 88.4%
4. Siding Replacement (vinyl) 80.7%
5. Deck Addition (wood) 80.5%
6. Minor Kitchen Remodel 79.3%
Based on the results from the "2015 Cost Vs Value Report" curb appeal enhancing has snatched the first four top spots. That seems to speak volume about buyers perspectives. If you're considering selling your Toronto home in the near future, having a lovely curb appeal and an inviting entry door could help buyers fall in-love with your home.
Here are a few tips to help create that fabulous curb appeal:
Add a Path Way - Why not make it easy for potential buyers by adding an inviting path to your home. This could be another inexpensive but subtle way to add curb appeal to your home.
Update Your Address Number - If your address number is showing signs of wear and tear, replacing could be a good inexpensive idea. You could even checkout your local home improvement stores in your area.
Purchase A New Mailbox - If your mailbox is old and crooked, try purchasing an inexpensive new one at your local home improvement store. Taking care of the small details could give the buyers the impression your house is loved and worth viewing. Remember first impressions are lasting.
Paint Existing or Purchase A New Front Door - If your door is older, why not paint or purchase a new one. Depending on the style, price and your neighborhood trends, a color such as red could be inviting. While a black elegant door could make a home look stately and expensive.
Add New Hardware To Your Front Door - This may seem like a small detail, but the buyers could be standing at your front door for a bit and all the small details could determine if they enter your home or say next and run back to the car!
Dress Up Paint Points - If you have electrical panels or garbage bins at the front or side of the home that are easily visible. Why not create a more attractive home for them, like the ones below:
Add Mulch To Existing Garden - If your topsoil is fading, by adding new mulch could brighten up your garden.
Update your Front Porch Light - This may seem insignificant, but having an elegant and functional porch light could even help with viewings during the long dark winter months.
Paint Or Replace Garage Door - An old or broken garage door could take away from your curb appeal. It's unfortunate but having a broken garage door could even give the buyers the impression that the entire house may be in disrepair and cause them not to view your home. Even if their Realtor begs them! Remember once again, first impressions are lasting!
Add a Welcome Mat - Small.... but, yet adds a warm touch. It's kind of like saying to the buyers..... Welcome home!
Paint Trims - Trims gives homes character and elegance. Why not step up your home a notch.
Clean Your Windows - Having clean windows allows sunlight and could even make a room appear larger.
Add A Doorbell or Door Knocker - Another small touch. But as they say, the devil is in the details.
Add Moulding To Your Front Door - This is one of my favorites by far. Adding moulding to a front door could be seeing as icing on a cake to your curb appeal.
Photo credit: http://jkhomestead.blogspot.ca/2010/11/doors-galore.html
Add Light To Your Walkways - This is a nice touch, especially for buyers that will be viewing in the night.
Build A Big Beautiful Berm - Why not create a special little treat and surprise potential buyers.
