3 Smart Exterior Home Remodel Ideas

Curb appeal should always be front of mind when you plan to sell your home and want to attract buyers, but it’s just as desirable when you want to boost your real estate’s resale value in general. It also makes your home a more appealing place in which to live in the interim, which is why you may want to consider these smart exterior home remodel projects in the future.

Ideas for Exterior Home Remodel Projects

No matter how beautifully you decorate the inside of your home, the outside offers up the first impression to visitors, and these exterior home remodel ideas can be great investments for you as a homeowner—whether you’re planning to sell your house now or not.

From adding texture to the exterior of your home to swapping out old windows for more contemporary ones to fixing up your front door, a home exterior makeover can be a smart way to make a lasting impact in a short amount of time.

Replace Your Front Door With An Inviting Style

Psychologists say that it takes just seven seconds to make a first impression, meaning your front door is one of the first parts of your house that a guest or potential buyer will see—the catalyst for making a snap decision on how they feel about the home in general. Thus, the front door should be one of the first places you focus your energy when tackling exterior renovations of your property.

combining cedar shingles and shiplap in the same color .

You can also mix and match levels of gloss, or shapes and lengths of bricks and stone.

For a baseline cost, installed vinyl siding can range in price from $6,116 and $16,143, with the average cost being $10,956. Your costs will depend on the thickness of the siding, how much added style you want as you mix and match textures, the size of your house, how standard the shape of your house is or isn’t, and any added details like moldings, trim, soffits, corners, or vents. If there’s old siding that needs to be removed first, you’ll also want to factor in the additional cost of labor (or consider doing it yourself).

Upgrading the Windows

credit card debt can be tricky to pay off. That’s because most credit card companies charge compound interest, which means you’re paying interest on the accrued interest, with the interest continually calculated and added to your balance. To make matters worse, the interest may typically be compounded daily.

Even if you make minimum payments, the interest just keeps compounding. In fact, it keeps doing so until the balance is paid off completely. If you miss a payment, the situation gets worse, with late fees and penalties often added on.

If you’d like to calculate what you’d actually pay on your remodeling debt, use our credit card interest calculator.

If you decide that it won’t make sense to use a credit card to pay for your remodeling, then consider comparing and contrasting home equity lines of credit versus personal loans. Under certain circumstances, a home equity line of credit (HELOC) may make sense; for example, if you have significant equity in your home, plan to borrow a large amount of money and/or want the potential tax benefits.

Benefits of choosing a personal loan include:

•  You won’t tie up any equity in your home.
•  Fees are likely to be less, and maybe you won’t have to pay any fees at all (like at SoFi).
•  Application and approval processes are typically faster than with a HELOC.

With a home improvement loan from SoFi (not a HELOC; rather, a personal loan for home improvement purposes), you can benefit from:

•  a quick process, one that typically takes seven days from online approval to funding
•  fixed payments, which makes budgeting easier
•  not having your home equity tied up
•  no fees, no surprises, no catches

The Takeaway

Considering exterior home remodel projects can be a way to increase your house’s curb appeal, while also adding value; they also are often the quickest way to turn a real estate investment into long-term value. Exterior home projects can be as simple as adding a fresh coat of paint to your existing front door or as complex as replacing all the windows in your house to be both contemporary and more energy efficient.

At the very least, tackling these smart exterior home remodel ideas should help you down the line when you decide to sell your house.

To get started, you can find your personal loan rate in just two minutes. Then, when you’re ready, you can quickly and easily apply.

Ready to get started? You can quickly and easily apply for your personal loan online.


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Source: sofi.com