Every homeowner wants to get the most money out of their property sale. They may immediately think of renovating the interior and exterior to make it more appealing to potential buyers.

Not only renovation, but the addition of one or two essential elements can increase the market value. Among various important features, adding a new sidewalk can give your property the boost you are looking for.

Want to know why? Let us explore how the presence of a sidewalk can help you increase the resale value of your property.

Boost Your Property’s Curb Appeal

The exterior of your property, just like the interior, can impact its market value. Potential buyers get attracted to properties that look aesthetically pleasing from the street. Well-kept sidewalks play an important role in boosting the overall curb appeal of any residence. Crack-free, even, and smooth sidewalks provide visitors with a safe and accessible path to explore the property easily. 

On the contrary, if they are damaged, they not only reduce the curb appeal of the property but also lead to tripping accidents. Defective sidewalks don’t comply with NYC regulations, and repairing them becomes essential to remove DOT violations.

Increased Walkability and Property Demand

Sidewalks also help increase your property demand and value because they make it easier for people to walk around. Properties in walkable neighborhoods are usually more popular, which may lead to higher property prices. 

Families are often attracted to homes where they can safely walk with their children, and older adults appreciate the ease and safety of walkable areas.

Properties with a walk score of 80 (which means the amenities are within a 5-minute walk) are often worth 50% more than those with a walk score of less than 20. When buyers see that they can easily walk to stores, public transportation, and other local businesses, they are more likely to choose that property over others that aren’t as simple to get to on foot.

Neighbourhood Safety and Community Engagement

Safety is another major factor that makes sidewalks beneficial to property value. They offer a designated space for pedestrians, separating them from the road and reducing the risk of accidents. Well-maintained sidewalks are a huge selling point for families with children or those who mostly like to walk or jog. 

People are more likely to walk to nearby places like parks, schools, and community centers. And a well-maintained sidewalk encourages more physical activities.

Durability and Longevity

Concrete sidewalks can last for many years with minimal maintenance. The long lifespan of concrete makes it a beneficial investment for both property owners and communities. While you might be charged some extra costs for installing or repairing concrete sidewalks, the long-term benefits overcome your expenses.

Potential buyers usually look for properties that need minimal care. When they see a well-made sidewalk, they won’t have to worry about repairs or replacements early. This sense of reliability can make your property more appealing and add value in the eyes of buyers.

Conclusion

Sidewalks can boost your property’s value and make it more attractive to buyers. Investing in sidewalks is a smart choice, as it not only benefits you financially but also helps you comply with city guidelines. 

If you want to keep your sidewalks in their existing shape for long, regularly maintain them. For quick and efficient repairs, you can get professional help. Experts handle all sidewalk projects, whether it is minor repairs or complete replacement as per city laws and provide precise and accurate services. 

In case you missed!