When considering a home renovation project, some of the first questions that might come to mind are “what adds value to a home?” and “does a deck add value to your home?” Because when it comes time to sell, you want to know you chose home upgrades that gave you the best value out of your investment.
To help you identify the right areas to improve your home and increase its value, we’ve partnered with HGTV real estate experts Egypt Sherrod and Mike Jackson. The designer and contractor duo take a creative approach to increasing home value through smart investments that help provide the most benefits to homeowners. So you know the work you put in is well worth the effort.
Ready to dive straight into ideas for what adds value to a home? Explore the ideas that best align with your plans. Or get tips for planning your project.
Planning Tips for Your Project
Before exploring ideas and inspiration to see what adds value to a home, you will need to form a plan and set parameters for your project.
Understand Buyer Trends
Buyer trends shift over time, so it’s important to identify what today’s potential homebuyers are looking for and how you can upgrade your home to suit those trends. Amenities like home offices and outdoor living spaces are becoming popular must-haves but there are also evergreen upgrades that buyers will always find valuable like a new roof or a modernized kitchen.
Set a Budget
The cost of your project will vary depending on what upgrades you’re making and the extent of those changes. Be sure to think through costs in terms of materials you’ll need, whether you’ll use hired labor, and your finished project’s long-term maintenance needs to get a full picture of your budget.
Stick to a Timeline
Like your costs, the timeline of your project will depend on what upgrades you’re making and the extent of those changes. Keep in mind that DIY-ing your project may save on costs but will likely increase your timeline.
With any home improvement project, whether interior or exterior, you’ll also need to ensure you have the proper permit before work begins and that your planned changes will be up to local building codes.
What Adds the Most Value to a House?
When considering what adds value to a home, it’s important to understand that there is no single upgrade that will guarantee a value increase.
But to maximize the benefits of any home improvement project, Egypt and Mike recommend focusing on where you can make the biggest impact in your home design. And you’ll get even more value out of your project when you choose to make renovations that will help you save money long-term. Think: replacing your windows with energy-efficient options or replacing a wood deck with durable, sustainable composite decking. While these types of updates may cost more upfront, the overall value you’ll add to your investment will be well worth it.
Not Sure Where to Start? Speak With a Professional
If you’re not sure where to begin when thinking through what adds value to a home, speak with a professional. Interior designers, contractors, and even landscape experts can help you identify the latest buyer trends and where you can add the most value to your home.
For interior expertise, you can work with a local designer in your area. To spark your creativity, get ideas and insights from Egypt Sherrod’s blog.
Home Exterior & Outdoor Living
If you need advice on a home exterior or outdoor living space project, connect with a local contractor who’s experienced in exterior remodeling and deck builds.
For advice on your yard layout, connect with a professional landscaping service like Yardzen to reimagine your outdoor spaces and design something extraordinary.
Interior Ideas: What Adds Value to a Home
When thinking through what adds value to a home, most homeowners begin with the interior. Aside from standard upgrades like adding fresh paint and replacing hardware on cabinets and drawers, focusing on larger renovations will add more long-term value.
According to Egypt and Mike, these interior upgrades will make the biggest impact:
- Increase your livable square footage. Wherever you can, increase your finished and heated square footage to increase your home value. Consider renovating an unfinished basement, a storage room, or an enclosed garage to add more livable space.
- Add bedrooms to increase home appeal. Check with your local municipality to see what qualifies as a “legal bedroom.” Typically, all that is needed is an above-grade window and closet. However, there are some cities that do not require closets to be in bedrooms.
- Wherever possible, add a bathroom. A full bathroom addition can increase the median resale value by 5.7% on average. So, if it’s a $500,000 home, then you have increased its resale by $28,500.
- Add energy-efficient systems and appliances. State-of-the-art and energy-efficient along with sustainable building materials go a long way with buyers. For example, smart hubs allow you to plug your home’s devices in and control their usage from the palm of your hand. You can even optimize the settings to use less power during off-peak hours and more during peak hours which saves big money.
Exterior Ideas: What Adds Value to a Home
When considering what adds value to a home, it’s important to remember that first impressions are lasting impressions, and your home exterior is one of the first things potential buyers will see. Egypt and Mike say there are two main ways to increase resale value when renovating a home’s exterior:
- Upgrade your outdoor living space, such as adding a deck or a patio, to make your home more appealing to buyers who value spending time outside.
- Boost curb appeal by remodeling your front porch, adding new siding and trim, or upgrading your home’s landscaping to impress buyers before they step in the front door.
Dive deeper into each option to discover which path — or whether both — are right for your home.
1.) Upgrade Your Outdoor Living Space
More and more homebuyers are looking to see homes with functional, attractive outdoor living spaces. By adding or renovating an outdoor living space, you can appeal to today’s homebuyers while also giving yourself and your family a beautiful space to spend time together. So, if an outdoor space is what adds value to a home, where to begin? A deck is a great place to start.
Does a Deck Add Value to Your Home?
When asked “does a deck add value to your home?” both Egypt and Mike agree on a resounding “yes.”
Not only does it significantly increase your home value, but it also increases the functionality and aesthetics of your yard.
Egypt adds “A beautiful deck, especially one that’s made of composite materials, offers a great ROI for homeowners. Upgrading decking or porches to a composite product is one of the best and most common eco-friendly upgrades to make for long-term cost savings and an easy way to increase home value.”
And Mike takes it a step further, “ With composite decking, homeowners don’t need to worry about yearly upkeep [for wood decks] or weathering factors like UV rays, precipitation, and the environment. Installing a deck or porch using [composite decking like] TimberTech is a surefire way to have a beautiful outdoor living space for 20-30-50 years. It’s a fantastic investment and you can’t beat the performance and functionality.”
Outdoor Living Space Ideas to Improve Home Resale Value
Whether you’re adding a new deck or upgrading an existing one, the answer to does a deck add value to your home is still yes. Get ideas for how to design your deck or improve your space to up your home resale value.
CHOOSE BEAUTIFUL, LONG-LASTING MATERIALS
Take Egypt and Mike’s advice and opt for high-performance composite decking for the real wood look you love without wood’s drawbacks like fading, cracking, and splintering.
DESIGN YOUR DECK TO MATCH YOUR HOME EXTERIOR
By coordinating the colors and textures between your home and deck, you create a unified, polished façade that will help your deck feel like a natural part of your home exterior.
ADD HIGH-STYLE, LOW-MAINTENANCE RAILING
When you opt for a composite or aluminum railing from TimberTech, you get stylish customization options and an extremely low-maintenance design. Many of our custom railings allow you to choose the color, infill, and top rail that best suits your style and unifies your home and deck design.
INCREASE AMBIANCE WITH BUILT-IN LIGHTING
Incorporate deck lights into your deck and railing to give your space a warm, ambient glow while increasing visibility at night for added safety and functionality.
2.) Boost Your Curb Appeal
The first thing most buyers notice is the front of your home, so it’s important to make the right impression. According to Egypt and Mike, taking the time to power wash, paint, landscape, and complete exterior repairs will set the tone for your home before a buyer steps inside.
Ideas to Up Your Curb Appeal
Whether you’re looking for simple improvements or larger renovations to your home’s façade, explore these ideas to increase your curb appeal and attract buyers.
ADD OR REMODEL YOUR FRONT PORCH
Your front porch doesn’t just have to be an attractive entryway; you can transform it into a functional outdoor space for you and your family to enjoy.
CREATE A CRISP, CLEAN EXTERIOR WITH NEW TRIM
Accentuate your home’s beauty with new trim for an attractive, defined exterior design. For a durable, low-maintenance option, choose AZEK® PVC Trim®. Use our versatile PVC trim along siding transition points, as fascia trim, for , and even in your deck design.
UPGRADE TO LOW-MAINTENANCE SIDING
Give your home a fresh, like-new look by replacing its siding. Get the look of wood with greater durability — and minimal maintenance — with AZEK PVC siding. Choose from shingle siding that resembles real cedar shake siding, board and batten siding, and others.
IMPROVE YOUR FRONT YARD’S LANDSCAPING
Updating your landscaping will accent the exterior of your home while making an exceptional first impression on friends, family, and potential buyers.
Explore Your Home’s Potential Further
Now that you have a better idea of what adds value to a home and have questions like “does a deck add value to your home?” answered, you’re ready to explore your options further. For interior tips and guidance, visit Egypt Sherrod’s blog. You can also catch her and Mike on their HGTV show, Married to Real Estate, for all-around insights for both home exterior and interior upgrades.
And if you’re looking to take a deeper dive into the possibilities of your outdoor living space, we have you covered. Our 3D Deck Designer lets you design your deck shape, choose deck board colors and patterns, explore railing options, and even add décor to your deck to fully envision your space. Plus, you can save your design to show to your contractor when you’re ready to break ground on your project.