Porches have the power to enhance and improve your home in ways nothing else can. Many of you thinking about adding a porch are wondering if a porch will increase the value of your home. Those who’ve already added a porch and are now enjoying it will answer, Yes, it certainly will! Expert porch builder Archadeck of Akron is ready to answer your questions about porch additions.
Do porches add value to your home?
There are several ways to answer this question because value means different things in different contexts. When you ask about value, many assume this is just a monetary consideration, and sometimes it is – especially if you plan to sell your home. Whether you’re going to list your home or hope to stay there forever, adding a porch increases your home’s value in more ways than one.
Value = Return on monetary investment
Getting right to the bottom line, adding a porch will very likely increase your home’s value. As a homeowner, when it’s time to sell your home, you hope to recoup the money you spent to add a porch. Some sources say the average return on investment for a porch addition is around 84%. We advise clients to keep in mind that it will depend on the real estate market in your area when you list your home. Timing is a factor. If all conditions are in your favor, including the value of nearby homes, you might recoup 100% of your porch investment – or more. Clearing a profit? It’s possible – but not guaranteed.
Are porches included in square footage?
Good question! The most concise and direct answer is Probably not, but that doesn’t mean a new porch won’t increase your home’s resale value. In order to include a porch in your home’s square footage, the porch would need to be enclosed and heated through your home’s HVAC system. A room addition that’s heated through your home’s HVAC system is more likely a sunroom or 4-season room than a porch. However, a room that’s enclosed with windows instead of screens and is heated through the home’s heating system might be called a “sun porch.” In that case, the answer would be Yes.
Value = Stunning curb appeal
Increasing your home’s square footage is not the only way to increase your home’s value. If you add a stunning front porch that transforms your home and stops buyers in their tracks, it will add value to your home. Curb appeal is not over-rated. What value do you place on the complete transformation a new front porch can create? If you’re planning to sell your home, when you see the effects of a new front porch you may decide not to move!
The power of curb appeal is not just for home-buyers. It’s for you, too! When your home gets a front porch makeover from Archadeck of Akron, you’ll feel a thrill every time you return home and see it. You can derive sheer joy from seeing how beautiful and inviting your home becomes with a new front porch.
