5 Hot Curb Appeal Trends for 2016

5 Hot Curb Appeal Trends for 2016

Curb appeal is in the eyes of the buyer. But as Texas Tech University researchers Emmett Elam and Andrea Stigarall point out, the precise factors that influence a homebuyer’s perceptions of curb appeal are debatable. What is not debatable is the lift that curb appeal gives to the value of a home. Improving the curb appeal of your home can boost its value by as much as 17 percent, the Texas Tech researchers found. They say curb appeal ranks second only to home size in weighing a home’s value. While the notion of curb appeal has been around for decades, its appeal keeps rising. Mischel Schonberg, a spokeswoman for Mason, Ohio-based garage door manufacturer Clopay, says: “Home improvement shows and magazines have drilled the importance of curb appeal into the minds of homeowners looking to increase the value and appearance of their homes.” Here are five top-of-mind trends for curb appeal in 2016. 1. Update the front door A fresh coat of paint can spruce up a ho-hum front door and help make a better first impression when someone is eyeing your home. Veronica Solomon, owner and lead designer at Casa Vilora Interiors in Katy, Texas, says: “Painting a front door a bold color is my favorite curb appeal trend. It creates interest and a focal point to the façade of the home. It gives the home personality. It is inexpensive to do, but has an immediate and big impact.” Pat McGeehan, CEO of real estate investment company Four Front Properties in Spring Lake, N.J., suggests contrasting the color of your front door with the color palette of your front yard. He also recommends installing a new knob on the front door — one that’s shiny and ornamental. If you replace the front door altogether, beware that you’ll need to pony up more money than if you just touch up the door with a fresh coat of paint. According to the Remodeling 2015 Cost vs. Value Report, the average cost of replacing a front door on a home is $1,230 (steel) or $2,926 (fiberglass), with an owner being able to recover 102 percent of the cost for the steel door or 72 percent of the cost for the fiberglass door. 2. Lighten up the exterior Outdoor lighting can add a touch of elegance to your front of your home. Furthermore, it can enhance the safety of your house. Outdoor lighting should go beyond ordinary lampposts and wall-mounted lighting to make your landscaping really stand out. Try installing stylish and modern lighting on your front porch. A 2012 survey by the National Association of Home Builders found that 90 percent of homebuyers rated exterior lighting as an “essential” or “desirable”...

Read More