If you’re considering selling or just want to build equity, home renovations can be a great investment. However, not all upgrades offer the same return. These five renovations consistently increase a home’s resale value—and attract buyers faster.
1. Kitchen Upgrades
The kitchen is the heart of the home, and buyers pay attention to its design and functionality.
- Minor kitchen remodels (cabinet refacing, new hardware, countertops) can offer an ROI of 70–80%.
- Stainless steel appliances and energy-efficient upgrades are also appealing.
2. Bathroom Remodel
Modern, clean bathrooms are a top priority for buyers.
- Updating tile, replacing fixtures, and installing double vanities can significantly enhance value.
- Consider walk-in showers with glass enclosures for a high-end touch.
3. Curb Appeal Enhancements
First impressions matter.
- Fresh landscaping, a new front door, updated siding or paint, and exterior lighting can yield excellent returns.
- Even small investments like flower beds or mulch can make a difference.
4. Energy-Efficient Improvements
Buyers appreciate lower utility bills.
- Upgrading windows, adding insulation, and installing smart thermostats or solar panels can increase value.
- Many of these upgrades also qualify for tax incentives.
5. Added Living Space
Whether it’s finishing a basement, converting an attic, or building a deck, additional living space adds usable square footage, which equals higher value.
Renovations to Avoid
Some high-end upgrades don’t appeal to all buyers. For example:
- Luxury flooring in low-income neighborhoods
- Over-the-top customization (e.g., themed rooms)
Conclusion
When planning upgrades, balance your budget with buyer preferences. Focus on improvements with high ROI, and consult with a real estate expert to ensure your renovations align with market trends.