You’re considering remodeling your house, either for the purpose of selling it or simply for your own enjoyment. Either way, you’re probably wondering: what renovations add the most value to a home? It’s a wise question. While some upgrades are definitely worth the money and effort, others aren’t. In this post, we’ll explore the top 8 home improvement projects that will not only improve the appearance and feel of your house but also increase home value when the time comes to sell.
Let’s examine the best renovation project you can make and why you will later be rewarded by buyers and your pocketbook.
The 8 Renovations That Will Elevate Your House
Not every upgrade is made equal; some really add value, while others only make things more expensive. These eight astute renovation ideas will help your house stand out in the market and always yield a high ROI.
Replacing Your Garage Door
You may be surprised to learn that one of the improvements with the highest return on investment is replacing your garage door. A modern garage door adds curb appeal, security and insulation along with aesthetic appeal as you are renovating your home. Homeowners typically recover up to 95% of the investment in resale value, making it a low-risk, high-reward upgrade. Customers seeking sustainability and convenience are especially drawn to fashionable, energy-efficient doors with smart technology features. Roof replacement is another renovation to consider if you want the resale value to increase.
Replacing Your Entry Door
This is one of the popular home improvement projects. The atmosphere of your entire house is created by your front door. Replacing it, particularly with a fiberglass or steel model, can yield a return on investment of at least 70%. A new door creates a lasting first impression as they walk into your living area in addition to improving security and energy efficiency. To stand out in all the right ways, pick a door with bold yet elegant hardware. This is one of the renovations that increase home value
Boost Curb Appeal
The home’s curb appeal is the entire initial presentation that people have of your property, not only the landscaping. This involves new house numbers, cleaned walkways, new painted walls, trimmed shrubs, and even lighting on the outside. Combined, these minor home renovations to your home can make the value of your house seem increased by thousands of dollars. A clean exterior says to potential buyers that the inside of the house has been taken care of too, thus increasing the home’s resale value.
Minor Kitchen Remodel (Midrange)
The kitchen is the center of the house, as we all know, but a complete renovation can be very expensive, but this doesn’t mean you can’t do a minor one. The good news? A small kitchen remodel can make a big difference. Consider energy-efficient appliances, modern lighting, new cabinet fronts, and updated hardware. It keeps the average cost under control while maintaining the modern, fresh feel that attracts buyers. Additionally, you should anticipate recovering about 80% of your investment.
Fiber-Cement Or Vinyl Siding
Changing your home’s siding can add value to your home, especially if it is old, faded, or cracked. Both of these types of siding are very resistant and durable. In particular, fiber-cement is famous for its resistance to the weather effects such as fire, pests, and rot. Apart from its beauty, this revamp will enhance your house’s energy efficiency and protect your home so, you get a bang for your buck. How about a win-win situation?
Deck Additions
Homebuyers now place a high value on outdoor areas. Whether it’s composite or wood, adding a deck basically adds another space for enjoyment. Decks provide a lifestyle that buyers desire, whether it’s for family dinners, summer barbecues, or simply relaxing in the sun. About 70% of the money spent on a well-designed deck with railings, seating, and lighting can be recovered while it increases the value of your home design. If you’re still asking what renovations add the most value to a home, outdoor living spaces like these deck are climbing fast on buyers’ must-have lists, according to realtors. Wood deck is another option to consider.
Bathroom Remodel (Midrange)
A modern, spotless bathroom is a good investment. A midrange remodel that includes water-saving fixtures, new floor tile, a new vanity, and updated lighting can work just as well as a complete makeover. The room feels more opulent without breaking the bank thanks to little accents like rain showerheads, framed mirrors, and high-quality finishes. Indeed, if you renovate it, it will add significant value, and 25% of realtors also recommend it before placing the home on the market. An unfinished basement is another selling point for you when properly renovated.
HVAC Conversion
Let’s discuss efficiency and comfort. Upgrading to a central air system or switching to a more energy-efficient configuration (such as a heat pump) can significantly improve your home’s energy efficiency if it still uses an antiquated oil furnace or has cumbersome window units. Move-in-ready best homes with contemporary systems are highly sought-after by home buyers, especially if it comes with attic insulation, and you’ll probably see a good return on investment in addition to reduced utility costs on the heating and cooling during your stay. The installation cost is also not that high after you look at the big picture.
Conclusion
So, what renovations add the most value to a home? Turns out, it’s not always the flashiest or most expensive projects. Sometimes, it’s the practical upgrades, like a garage door, a new HVAC system, or minor updates to your kitchen and bathrooms, that give you a way to increase your home’s value. The key is to focus on improvements that buyers care about and that make your home more functional, efficient, and visually appealing.
If you’re not sure where to start or which updates increase your home value if the time to sell comes, it’s always smart to talk to a real estate pro. And if you’re in Austin, look no further. We know the local market inside and out, and we have helped tons of homeowners make renovation decisions that truly pay off. Whether you’re thinking about selling soon or just want to boost your home’s value over time, contact us today.
FAQs
Q. Should I Reduce The Price Of My House Or Make Repairs Before Selling?
A: Your situation in your house and your schedule will decide that. Small enhancements such as fresh paint or lights or new bathroom fixtures per square footage have often resulted in a greater number of offers and increased offers. The price reductions can make it move faster, but keen improvements can increase the asking price.
Q. Is It Better To Make Minor Cosmetic Adjustments Or Major Renovations For Resale?
A: Let’s start with the fundamentals. Once some problems get fixed, move on to making aesthetical improvements, new flooring, paint, or lighting and make a value report. Major remodeling projects can be profitable however only if the design can harmonize with local buyer preferences. There are a lot of top renovations that increase home value but let’s make the minor ones first.
Q. Is It Wise To Do Renovations Yourself In Order To Save Money?
A: For those of you who know how to do it, DIY is great fun. It’s generally fine to paint, fit hardware, and landscape. However, it is better in fact to have professional help for any structural, plumbing, or electrical adjustments needed in any of the rooms, like the kitchen. Ultimately, a shabbily done do-your-own project will set you back more per square feet than it cost you and you will have to recoup.
Q. Which Remodeling Projects Typically Don’t Add Much Value?
A: Some enhancements, like installing a hot tub, very custom cabinets, or designing your kitchen to a theme, may suit your taste, but not that of most buyers. In order to get the best value, you need to stay with neutral styles and practical upgrades.
