Top Renovations Homebuyers Want in 2024 - Home & Texture
Home Maintenance Top 2024 Renovations

Selling Your Home? These Are the Top Renovations Homebuyers Love To See

Learn which trendy upgrades can boost your property value.

July 12, 2024 at 9:09 AM PST
Home Maintenance Top 2024 Renovations

Selling Your Home? These Are the Top Renovations Homebuyers Love To See

Learn which trendy upgrades can boost your property value.

July 12, 2024 at 9:09 AM PST

Keeping up with what’s trending in home design is important if you ever plan on selling your home. If you renovate your home to appeal to buyers, it boosts your property value, making your home worth more to sell.

But before you can upgrade your space, it’s a good idea to explore which renovation enhancements are most attractive to prospective buyers. That way, you can focus on projects that’ll give you the most bang for your buck later on.

In 2024, certain home improvements are in high demand, and Danielle Mathews, co-owner of Reborn Renovations dropped by to spill the deets on each of them. “With these top renovations, homeowners can not only create a more enjoyable living space but also position their properties to attract buyers and potentially command higher sale prices in the competitive 2024 real estate market.”

To learn which enhancements offer the best return on investment, here are the most popular renovation upgrades for 2024.

Round Grey Speaker On Brown Board
Photo credit: John Tekeridis via Pexels

Smart Home Technology Integration

Tech is an integral part of our day-to-day lives. And according to Danielle, “The integration of smart home technology in your property is no longer a luxury; it’s now a necessity.” From voice-controlled lighting to automated thermostats, having a technologically advanced home can make even the most frustrating chore a lot more manageable.

The only caveat is that if you do end up renovating your home, you can expect to pay about $1,500 to $5,000 for a basic setup. But don’t worry, many of these integrations can save you money down the line so they basically pay for themselves anyway.

Open-Concept Floor Plans

Open-concept living spaces have been a popular design choice for nearly a century. And in 2024, not much has changed.

People love the extra space they provide. Plus, they create the perfect transition from room to room. But if you plan to jump on the open-concept bandwagon, be prepared to pay up — between $3,000 to $15,000, depending on what you decide to do exactly.

Kitchen Upgrades

For the kitchen, popular enhancements like energy-efficient appliances, custom cabinetry, and under-cabinet lighting are on trend right now. And if you choose to go for a minor kitchen remodel, expect to pay about $15,000, while a major one is likely to be over $50,000.

Photo credit: brizmaker

Outdoor Living Spaces

Outdoor living spaces are another super popular trend that many people are taking part in. Think covered patios, outdoor kitchens, fire pits, or really anything that makes a space look more attractive. Whatever you decide, renovating your yard is a fantastic way to up the value of your property.

So if decide to turn your backyard into a complete outdoor living space, expect to pay anywhere between $10,000 and $30,000.

Energy-Efficient Upgrades

Because more people are focusing on sustainability, homebuyers are placing a higher value on energy-efficient enhancements like solar panels, LED lighting, and insulation.

By investing in these upgrades, you can save money on your energy bill and boost your home valuation. But keep in mind that the cost for these upgrades can vary to the tune of three or four thousand dollars to replace your windows to more than $20,000 for installing solar panels.

Curb Appeal Enhancements

A little curb appeal via enhancements like landscaping, driveway repair, and exterior lighting can make a positive impression on prospective buyers. And if you decide to go that route, you’ll likely have to spend between $5,000 to $15,000 to do it.

A home office
Photo credit: Barion McQueen 

Home Office Spaces

“The pandemic has highlighted the importance of dedicated home office spaces,” says Danielle. And because of this, more and more buyers are looking for homes where they can comfortably work.

If you have the extra space, turning it into a home office is likely to cost you between $5,000 and $15,000, depending on the level of renovation required.

Bathroom Renovations

Modern homebuyers are just as invested in how their bathroom looks as they are in any other part of the home. And according to what’s trending, luxurious, yet functional bathrooms are where it’s at.

Fancy enhancements like a walk-in shower, freestanding bathtub, or heated flooring can seriously boost your property valuation. But it’ll definitely cost you — somewhere to the tune of $10,000 to $25,000.




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