Home renovations can do more than improve the aesthetics and functionality of your space. The right renovation can also improve property resale value, making it an excellent investment of your time and money. But which renovation projects are worth the work? Here are some home renovation ideas with the highest return on investment:
Garage door upgrade
When it comes to home renovation, garage doors are often forgotten. However, garage door replacement can boost your home’s curb appeal significantly and result in higher resale value. While there are many options available for a garage door makeover, even the simplest and most affordable changes can pay off.
If your current garage door mechanisms are in perfect condition, consider adding a new coat of paint to the outside. If you’ve experienced any issues with the functionality, having the switches, sensors and other components professionally serviced is worth your investment.
Easy kitchen upgrades
You don’t have to tear out and rebuild your entire kitchen to get major returns on a home renovation project. Opt for highly affordable and highly effective upgrades like new hardware for your cabinets and drawers. Painting your cabinets can also transform the entire space and result in more money on a home sale.
New fixtures like faucets increase your kitchen’s total value considerably, even if the upgrade is only for aesthetics. For an extra boost, try installing a water filter attachment or a built-in soap dispenser. DIY upgrades can help you save money and lower your cost, but consult a professional contractor if your renovation process includes electrical or plumbing systems.
Energy-saving vinyl windows
Energy efficiency is always a major plus to prospective homebuyers. However, even if you’re not planning to sell your house, replacing your windows with energy-saving vinyl can bring massive returns.
Homeowners who replace their windows with energy-efficient upgrades can save hundreds of dollars on their central heating and air conditioning. With better insulated windows, you’ll not only get a decent return on investment with increased home value, but with lower energy bills as well.
Not every home renovation has to be a full home remodel. During the planning process, make sure that you’re only completing the necessary upgrades for functionality, ROI and home living experience, so you don’t end up with a huge undertaking that could end up costing you more.
About the Author
Shevaun Gandy
Hi, I'm Shevaun Gandy and I'd love to assist you. As a seasoned real estate professional, I understand that buying or selling a home is more than just a transaction: it’s a life-changing experience. That’s why I am dedicated to providing exceptional, personalized service for all of my clients. I take great pride in the relationships I build and always work relentlessly on the client’s behalf to help them achieve their real estate goals. My philosophy is simple: Clients come first. I pledge to be in constant communication with my clients, keeping them fully informed throughout the entire buying or selling process. I believe that if you’re not left with an amazing experience, I haven’t done my job. I don’t measure success through achievements or awards but through the satisfaction of my clients.
