Home Renovations with the Best ROI - Home & Texture
Renovate Home Renovation Tips

These Are the Renovations With the Best ROI To Maximize Your Home Value

October 17, 2023 at 9:29 PM PST

A house is more than a home—it’s an investment. If you’re currently contemplating whether or not to renovate your home, the return on investment (ROI) may be an essential deciding factor. While personal preferences and current trends play a role, some projects consistently offer the best ROI.

Here are the top home renovations that promise to enhance your space and boost your home’s value.

Kitchen Upgrades

If you want a great ROI on a kitchen makeover, upgrade cabinets, modernize appliances, or add a backsplash to give the space a fresh look. You don’t have to undertake a complete kitchen renovation; minor tweaks also significantly increase ROI.

kitchen upgrade/renovation
Photo Credit: Ksenia Chernaya

Modern Bathroom Touches

A clean, modern bathroom can significantly increase a home’s appeal. Upgrade bathroom fixtures, add a double vanity, or install new floor tiles. If space allows, a standalone tub can be a luxurious addition with a high ROI.

Adding Square Footage

More square footage usually translates to higher property value, whether it’s a finished basement, home extension, or attic conversion. Ensure the added space complements the existing layout and design.

home renovations
Photo Credit: Tima Miroshnichenko

Energy-efficient Home Upgrades

Install energy-efficient windows, better insulation, or solar panels. Energy-efficient home upgrades reduce utility bills and enhance the home’s marketability and value.

Outdoor Home Projects

Curb appeal matters. These outdoor projects can yield an excellent ROI, whether landscaping, adding a wooden deck, or creating an outdoor entertainment space. These renovations are excellent in neighborhoods where outdoor living is a selling point.

home renovation
Photo Credit: Gustavo Fring

Flooring Upgrades

Old, worn-out carpets or cracked tiles can turn off potential buyers. Invest in hardwood floors or high-quality tiles to revitalize the entire feel of a home.

A Fresh Coat of Paint

Possibly the most cost-effective renovation, a fresh coat of paint can instantly refresh and modernize a space. When in doubt, opt for a neutral color palette.



Renovate

From minor tweaks to major overhauls— these are the insights that add style and comfort to your home.


FOLLOW ALONG ON INSTAGRAM

#homeandtexture

Find us on social for more home inspiration where culture, personal style, and sophisticated shopping intersect to help you create a home where you love to live.