Focusing on the Street-Facing Side: A Common Practice in Real Estate

When it comes to deciding whether to install new siding on the street-facing side of a house only, it is indeed a common practice. Historically, this approach has been seen in various regions, often due to cost-saving measures or a focus on the most visible parts of the house. However, the reasons behind this trend and its implications vary greatly based on local market demands and socioeconomic factors. Let's delve deeper into the nuances of this practice.

Historical Context and Regional Practices

30 years ago, it was somewhat common to see houses with '3-sided brick' facades. This means that the front and the left and right sides of the home were clad in brick, while the back was left with cheaper siding. The reasoning behind this was straightforward: to give the illusion of a fully brick home from the street, thereby attracting more attention and potentially fetching a higher price. In other southern cities, buyers often appreciated a fresh coat of paint on the front of the house, while the sides and back remained as they were, due to budget constraints or deferred maintenance.

Market Demands and Real Estate Practices

Today, the real estate market plays a significant role in shaping these practices. It is common for homeowners and investors to spend the amount that the market demands, rather than more. What works in one area at a particular price point might not be the norm in another place. In many cities, narrow lots and tight gangways are prevalent. In such areas, it is particularly common to see the focus on the front of the house. This is because potential buyers can only see this part of the property from the street, making it crucial for a good first impression.

The Impact on Home Value and Buyer Perception

From the perspective of real estate, focusing solely on the street-facing side can have a significant impact on the home's value. It is often a step taken to enhance curb appeal, which is a critical factor in determining a home's market value. However, it's essential to consider that this decision also reflects on the overall maintenance and commitment of the homeowner. If only the facade is renovated, while the rest of the house remains in disrepair, it could send a not-so-positive signal to potential buyers.

For instance, during a home inspection while shopping for properties, I encountered a situation where brick had been installed on one side of the house and the facade as one approached. Upon inquiry, it was revealed that this was part of a larger project. Nonetheless, my reaction was skepticism. The question naturally arose, 'What else have they done shoddily?' This highlights the importance of consistency in home improvements and the impact it can have on the overall impression of the property.

Conclusion

While focusing on the street-facing side is a common practice in real estate, especially in cities with narrow lots, it is crucial to consider its implications on home value and buyer perception. Homeowners and buyers alike should be aware of these practices and the potential risks they may present. Investing in a cohesive and consistent home renovation project can lead to a better long-term return on investment and a more appealing property.

Key takeaways include:

Focusing on the front side is common for maintaining curb appeal. Consistency in home improvements is crucial for a positive impression. The market plays a significant role in shaping these real estate practices.

In conclusion, while the practice of installing new siding on the street-facing side is common, it is essential to understand its implications and consider a comprehensive approach to home maintenance and renovation.