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Best ROI Home Improvements for Your Home

Christy Evans - October 14, 2024

When considering home improvement projects, it’s essential to focus on those that not only enhance your living experience but also offer a solid return on investment (ROI). Whether you’re planning to sell your home soon or simply looking to increase its value, choosing upgrades that add long-term worth is key. Some renovations yield higher returns than others, so it’s important to be strategic in where you invest your time and money. Here’s a guide to the best home improvement projects that deliver the greatest ROI, helping you make informed decisions that pay off both financially and aesthetically.

Kitchen Remodel

A kitchen remodel consistently ranks as one of the top home improvement projects for ROI. Buyers often see the kitchen as the heart of the home, and a modern, functional kitchen can significantly boost your property’s appeal. However, it’s important to keep your budget in check and avoid over-improving for your neighborhood.

Key upgrades:

  • Replacing outdated appliances with energy-efficient models
  • Installing new countertops, preferably in materials like quartz or granite
  • Updating cabinets or adding a fresh coat of paint and new hardware
  • Upgrading lighting fixtures to brighten the space

Bathroom Remodel

Bathrooms are another space where smart improvements can lead to a strong ROI. Buyers are drawn to clean, modern bathrooms with quality fixtures. Like kitchen remodels, bathroom renovations don’t have to break the bank to deliver good returns. Even modest updates can increase your home’s value and make it more appealing to potential buyers.

Key upgrades:

  • Replacing old faucets and showerheads with modern, water-efficient fixtures
  • Installing new vanities and sinks
  • Upgrading lighting and ventilation
  • Replacing outdated tiles or refinishing surfaces for a fresh, clean look
If you have the budget, adding an extra bathroom or converting unused space into a half-bath can also be a smart investment, especially in homes with limited bathroom space.

Boost Curb Appeal

First impressions matter, and enhancing your home’s curb appeal is one of the most cost-effective ways to increase its marketability. Projects that improve the exterior of your home can attract potential buyers and create a positive perception before they even step inside. Whether you’re planning to sell or just want your home to look its best, curb appeal upgrades offer a strong ROI with minimal investment.

Key upgrades:

  • Painting or replacing the front door for a welcoming entryway
  • Updating landscaping with new plants, shrubs, and mulch
  • Replacing old garage doors with modern, energy-efficient models
  • Power washing or painting the home’s exterior for a refreshed look
According to the National Association of Realtors (NAR), a new garage door is one of the highest-returning investments you can make, offering nearly 95% ROI. Landscaping improvements and new entry doors also yield excellent returns.

Energy-Efficient Windows and Doors

Energy-efficient upgrades not only make your home more comfortable and cost-effective to live in, but they also attract eco-conscious buyers. Replacing old windows and doors with energy-efficient options can lower your heating and cooling costs, while also increasing your home’s value.

Add a Deck or Patio

Outdoor living spaces have become increasingly popular with homebuyers, especially in regions where the climate allows for year-round use. Adding a deck or patio creates an additional area for entertaining and relaxing, which can make your home more attractive to buyers.

Key upgrades:

  • Building a wood or composite deck
  • Installing a stone or concrete patio
  • Adding outdoor seating areas or built-in fire pits

Replace the Roof

Replacing an old or damaged roof is a necessary maintenance project that also adds value to your home. A new roof improves the overall appearance of your home and gives buyers peace of mind that they won’t have to deal with roof repairs or replacements in the near future.

Key upgrades:

  • Installing durable materials, such as asphalt shingles, metal roofing, or tile
  • Opting for energy-efficient and weather-resistant options
  • Adding modern roofing features like reflective coatings to reduce heat absorption

Update Flooring

Flooring can dramatically impact the look and feel of your home, and updating old, worn-out flooring is a simple way to boost its value. Whether you opt for hardwood, luxury vinyl, or tile, new flooring can make your home feel more modern and inviting.

Key upgrades:

  • Installing hardwood or engineered wood for a timeless look
  • Choosing luxury vinyl plank (LVP) for durability and affordability
  • Updating bathrooms and kitchens with tile for a clean, sleek finish
When it comes to home improvements, focusing on projects that deliver a strong return on investment ensures you’re maximizing the value of your property. From kitchen and bathroom upgrades to enhancing curb appeal and adding energy-efficient features, the right renovations can make a lasting impact on both your home’s marketability and your personal enjoyment. By selecting projects that align with your goals, budget, and timeline, you’ll not only increase your home’s value but also create a space that you can enjoy for years to come.

If buying a home in Bend is your ultimate goal, trusted broker Christy Evans can help you achieve it. With over 100 closed sales and a solid reputation as a top-producing agent in Bend, Christy is more than ready to guide you through a seamless home-buying journey. Reach out today to get started!




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