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Real Estate Agents questions, answered by experts

Adding a second story can increase the resale value of your home, but your cost-to-value ratio might not give you the return on investment (ROI) you were looking for. Also, there are factors to keep in mind that can impact the value of your home, such as market conditions, your neighborhood, curb appeal, and functionality. If you’re hoping this project will give you a significant ROI, talk with a realtor to see what potential increase you can expect and what you can do to maximize your home’s value.

Yes, marble floors do increase home values. In fact, if you install marble flooring in your home, you can expect to double your investment. Homebuyers love marble, like other types of stone flooring, because it’s timeless, beautiful, wears well, and is considered a luxury product. Marble is expensive to install, but if your house and location attract buyers looking for luxurious, upscale vibes, adding marble flooring can only raise your property value and give you a great return on your investment.

Adding a wine cellar, wine cave, or customized wine storage of any kind to your property can add significant value if you eventually decide to put it on the market. Even if some prospective buyers are not wine drinkers themselves, having a wine cellar or wine cave makes the property more desirable overall.

You'll notice that many projects that add value to your home involve increasing curb appeal. Adding an aluminum fence improves the style of your yard and the safety levels for pools, pets, and backyard playtime. You can also choose aluminum fence designs with unique ornamental features or paint the fence to match your home's style.

A carport's effect on property value can be positive or negative, depending on its condition and design. A high-quality, well-maintained carport can improve a home's selling appeal and may increase its value by a few percent, especially if it is thoughtfully designed with added utility like storage space or a workshop. However, a poorly-maintained carport in disrepair can have the opposite effect and detract from the home's sales appeal and value.

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