By: Karen Wicks
Renovating your home can do more than improve your living space—it can also significantly increase your property value. However, not all renovations are equally beneficial when it comes to potential return on investment (ROI). Choosing the right improvements is crucial, especially if you’re considering selling in the future. Homebuyers are drawn to modern, efficient, and visually appealing upgrades, and prioritizing these can make your home stand out.
1. Revitalize the Kitchen
The kitchen is often the centerpiece of a home and a priority for buyers. A well-designed kitchen can transform how a home is perceived, making it one of the smartest areas to renovate. Updates such as new countertops, modern appliances, and refreshed cabinetry can yield a return on investment of 70-80%. For minor kitchen remodels, even small changes like a fresh coat of paint or new hardware can make a dramatic difference.
Bennett Heyn, Owner of Sell House Fast Houston Texas, highlights the impact of kitchen upgrades:
“Kitchen renovations can make or break a sale. I’ve worked with sellers who updated their kitchens with energy-efficient appliances and sleek finishes, and they saw immediate results. One client sold their house within a week, far above asking price, simply by making these updates. A stylish, functional kitchen appeals to every buyer.”
2. Upgrade Bathrooms
Bathrooms are another crucial selling point for homes. Buyers look for clean, updated spaces with modern fixtures and features. Enhancements like a walk-in shower, double vanities, and efficient lighting can make a bathroom more functional and appealing. Even small updates, such as re-grouting tiles or replacing outdated faucets, can add significant value. On average, bathroom remodels offer an ROI of 60-70%.
Travis Kessler, President and CEO of Texas Realtors, explains:
“Bathrooms are where comfort meets practicality. I once worked with homeowners who updated their primary bathroom with a rainfall showerhead and new tile flooring, and it completely transformed the space. Their home received multiple offers within days of listing. Buyers notice these details, and it’s worth the investment.”
3. Boost Curb Appeal
Your home’s exterior is the first thing buyers see, making curb appeal a critical factor. Simple upgrades like fresh landscaping, a new front door, or updated lighting can dramatically enhance a home’s appearance. Larger investments, such as repainting the exterior or replacing the roof, can also provide excellent returns. Homes with strong curb appeal sell faster and often for higher prices.
R. Scott Kesner, Chair of TREC, shares his insight:
“Curb appeal is your home’s first impression, and it can set the tone for the entire experience. I worked with a couple who added a stone pathway, new shutters, and a bold front door color. Their home went from ordinary to outstanding, and they received 15% more offers than expected. A welcoming exterior makes buyers eager to see what’s inside.”
4. Add Energy-Efficient Features
Energy-efficient upgrades are increasingly popular among buyers. Improvements like solar panels, smart thermostats, and energy-efficient windows not only reduce utility costs but also make homes more marketable. These upgrades often qualify for tax credits, making them even more appealing to homeowners. The ROI for energy-efficient renovations can vary but is often high due to their practicality and long-term savings.
Bennett Heyn adds:
“Energy efficiency is no longer just a bonus—it’s an expectation for many buyers. One homeowner replaced their old HVAC system with an energy-efficient model, and it made a huge difference in buyer interest. The reduced energy bills were a major selling point. These upgrades pay for themselves over time and add immense value.”
5. Expand Usable Living Space
Adding more usable space to your home can significantly boost its value. Whether it’s finishing a basement, converting an attic, or building a deck, buyers are always drawn to additional living areas. These projects provide flexibility for entertainment, work, or family needs. The average ROI for creating extra space ranges from 50-70%, depending on the project.
Travis Kessler notes:
“Buyers love extra space that they can use as an office, playroom, or gym. One seller I worked with finished their basement into a cozy family room, and it made their home stand out in the market. They invested $20,000 but saw their home value increase by $35,000. It’s one of the smartest ways to maximize value.”
Don’t Overlook Maintenance
While aesthetic upgrades are important, basic maintenance should never be ignored. A new kitchen won’t impress buyers if the roof leaks or the HVAC system is outdated. Addressing foundational issues like plumbing, electrical systems, and insulation ensures your home remains competitive in the market. Buyers appreciate homes that are move-in ready and well-maintained.
R. Scott Kesner advises:
“Skipping maintenance for flashy upgrades can backfire. I worked with a seller who focused on cosmetic changes but ignored roof repairs, and it led to failed inspections. By fixing structural issues first, they gained buyer confidence and closed the sale quickly. Always prioritize functionality alongside aesthetics.”
Conclusion
Renovations are a powerful tool to increase your home’s value, but it’s essential to focus on projects that offer the ideal returns. Kitchens, bathrooms, and curb appeal top the list for upgrades that attract buyers and deliver strong ROIs. Energy-efficient improvements and added living space further boost appeal, while routine maintenance ensures long-term value.
Insights from Bennett Heyn, Travis Kessler, and R. Scott Kesner highlight the importance of strategic investments and quality workmanship. By prioritizing these renovations, you can enhance your home’s appeal and secure a stronger financial future.
Your home is not just a place to live—it’s a reflection of your efforts and a key investment. Choose upgrades that truly make a difference, and enjoy the rewards for years to come.
Published by Stephanie M.
