May 12, 2022
When it comes to remodeling, homeowners want to invest in upgrades that not only improve their living space but also increase their home's value. Whether you're planning to sell soon or simply want to build long-term equity, certain renovations provide a higher return on investment (ROI) than others. Here are the top five home improvements that can boost your property’s value.
The kitchen is the heart of the home, and buyers are willing to pay a premium for a modern, functional space. A minor kitchen remodel—updating cabinets, countertops, appliances, and lighting—can yield a 75-85% return on investment. If a full renovation isn't in the budget, focus on small upgrades like new hardware, a fresh backsplash, or updated lighting to make a big impact.
A stylish, updated bathroom adds significant value to your home. Simple improvements like new vanities, fixtures, and tile can offer a 60-70% ROI. Features like double sinks, walk-in showers, and modern finishes appeal to buyers and make your home more competitive in the market.
Turning an unfinished basement into a functional living space—whether it’s a home office, entertainment area, or guest suite—can add valuable square footage and provide a 70-75% ROI. Buyers love extra space, especially with more people working from home.
First impressions matter, and exterior upgrades can make or break a home’s appeal. New siding, a fresh coat of paint, updated landscaping, and a modern front door can increase home value by 5-10%. Investing in energy-efficient windows or a new roof can also add long-term savings and attract buyers.
Expanding your living space—whether by adding a bedroom, a sunroom, or an open floor plan—can significantly increase your home’s value. An addition can offer a 60-80% ROI, depending on the project. Homebuyers love open, airy spaces, so removing non-load-bearing walls to create a more spacious layout can be a game-changer.
If you’re considering a renovation, Ace Remodeling is here to help. Contact us today to discuss your project and discover the best way to maximize your home’s value!