When considering a home remodel, it’s wise to focus on projects that improve both your living experience and your home’s resale value. Here’s a look at the top remodeling projects that offer the highest return on investment (ROI):
1. Kitchen Remodel
Why It Boosts Value: The kitchen is often the heart of the home, and potential buyers pay close attention to this space. Updating it with modern appliances, stylish countertops, and functional layouts increases appeal.
Key Features to Include:
- Energy-efficient appliances
- Quartz or granite countertops
- Ample storage solutions, like pull-out cabinets
Average ROI: 70-80%
2. Bathroom Remodel
Why It Boosts Value: Bathrooms are high-traffic areas, and an outdated or poorly designed bathroom can be a dealbreaker. Modernizing bathrooms with luxurious yet functional features adds immediate value.
Key Features to Include:
- Walk-in showers with glass doors
- Double vanities
- Heated floors
Average ROI: 60-70%
3. Deck Addition or Remodel
Why It Boosts Value: Outdoor living spaces are highly desirable for entertaining and relaxation. A new or revamped deck increases your home’s usable square footage and enhances curb appeal.
Key Features to Include:
- Composite decking for durability
- Built-in seating or pergolas
- Lighting for nighttime use
Average ROI: 65-75%
4. Basement Remodel
Why It Boosts Value: Finishing a basement transforms it into a livable space, adding usable square footage and functionality. Buyers appreciate spaces like home theaters, offices, or guest suites.
Key Features to Include:
- Waterproofing
- Adequate lighting and ventilation
- Multi-purpose layouts
Average ROI: 65-75%
5. Window and Door Upgrades
Why It Boosts Value: Energy-efficient windows and doors enhance a home’s aesthetic and reduce energy costs, which buyers find attractive. These upgrades also improve curb appeal.
Key Features to Include:
- Double-pane or triple-pane windows
- Modern front doors with smart locks
- Sliding glass doors for backyard access
Average ROI: 60-80%
6. Siding Replacement
Why It Boosts Value: Siding plays a significant role in curb appeal and protects the home from weather damage. Modern materials like fiber cement or vinyl are durable and attractive.
Key Features to Include:
- Low-maintenance materials
- Neutral, modern colors
- Insulated siding for energy efficiency
Average ROI: 75-85%
7. Attic Conversion
Why It Boosts Value: An attic can be turned into a functional space, such as a guest room, home office, or playroom. This is particularly valuable in areas where square footage is at a premium.
Key Features to Include:
- Proper insulation
- Skylights or dormer windows
- Storage solutions
Average ROI: 60-65%
8. Garage Door Replacement
Why It Boosts Value: A new garage door improves a home’s curb appeal and offers practical benefits like better security and insulation.
Key Features to Include:
- Insulated steel or aluminum doors
- Modern finishes and designs
- Smart openers with app integration
Average ROI: 85-95%
9. Energy-Efficient Upgrades
Why It Boosts Value: Eco-friendly homes are in high demand. Energy-efficient upgrades lower utility bills and appeal to budget- and environment-conscious buyers.
Key Features to Include:
- Solar panels
- Smart thermostats
- LED lighting
Average ROI: Varies by upgrade
10. Adding a Home Office
Why It Boosts Value: With remote work becoming more common, dedicated home office spaces are highly sought after. Buyers are willing to pay more for a functional, distraction-free work environment.
Key Features to Include:
- Built-in shelving
- Ergonomic lighting
- Soundproofing
Average ROI: 60-70%
Focusing on these high-value remodeling projects can help you enjoy the benefits of a more functional, beautiful home while increasing its market value. If you’re ready to start your next project, New Leaf Home Repair and Remodeling is here to help. Contact us today to schedule your consultation!