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  • Writer's pictureFadi Maksad

Top 10 Home Improvement Projects with the Best ROI

When planning to sell your home, understanding which home improvement projects offer the best return on investment (ROI) is crucial. Investing in the right projects can significantly boost your home's value, making it more appealing to potential buyers. Here are the top 10 home improvement projects with the best ROI to consider.



image of various home improvements

1. Kitchen Remodel

A minor kitchen remodel can recoup around 67-96% of its cost. Focus on updating countertops, cabinetry, and appliances. Modernizing the kitchen adds value and attracts buyers looking for a move-in-ready home​ (Hunker)​.


2. Bathroom Remodel

A bathroom remodel can offer an ROI of approximately 70%. Upgrading fixtures, adding new tiles, and improving lighting can make a significant difference. A fresh, modern bathroom is always a selling point​ (RenoFi)​. These can range drastically in price and scope so make sure you have some idea of what you like before jumping into it!


3. Deck Addition

Adding a wooden deck can recover about 75% of its cost. Outdoor living spaces are highly desirable, and a well-built deck provides an excellent return on investment while enhancing your home's appeal.


4. Siding Replacement

Replacing old siding with new vinyl siding can yield an ROI of around 94%. New siding not only improves your home's appearance but also its energy efficiency and protection against the elements​ (Fixr.com)​. Especially in our area where there's a lot of moisture (we are located in a coastal region) it can be super beneficial to power wash the exterior of your home once a year.


5. Window Replacement

Replacing old windows with new energy-efficient ones can recoup about 73% of the cost. New windows improve your home’s energy efficiency, enhance curb appeal, and make your home more comfortable.


6. Entry Door Replacement

A new steel entry door can offer an impressive ROI of around 101%. It's a relatively inexpensive project that greatly enhances curb appeal and security​ (Remodeling HW)​.


7. Attic Insulation

Adding fiberglass attic insulation can recover about 116% of its cost. It's a low-cost improvement that significantly boosts energy efficiency, making your home more comfortable and reducing energy bills​.


8. Garage Door Replacement

A new garage door can recoup about 97% of its cost. This project enhances your home’s exterior, improves security, and can be completed quickly and affordably​ (Fixr.com)​.


9. Basement Remodel

Finishing a basement can provide an ROI of about 70%. This project adds valuable living space and can be a significant selling point, offering potential buyers additional room for a home office, gym, or entertainment area​​.


10. Landscaping

Investing in landscaping can offer an ROI of around 100%. A well-maintained yard with trees, shrubs, and a lush lawn creates a strong first impression and enhances curb appeal, making your home more inviting​.


Conclusion

Prioritizing these top 10 home improvement projects can help you achieve the best ROI when selling your home. By focusing on updates that enhance functionality, energy efficiency, and curb appeal, you can attract more potential buyers and increase your home's value. Always consider the specific needs of your market and consult with real estate professionals to ensure your investments are well-targeted.

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