9 Home Improvement Projects With the Highest ROI

Home improvement projects are a great way to get the most out of your property. They keep your home looking great and functional, can lower your energy expenses, offer more space, and when the time comes to sell, they can significantly increase your property’s value. However, not all home improvement projects are the same, with other improvements offering a higher return on investment than others. Here are some of the most rewarding home improvement projects you should consider if you intend to sell your property.

1. Kitchen

Kitchens are the heart of the home and are usually one of the first things people consider when viewing a house. Most buyers are willing to pay top dollar for well-finished kitchens due to increased functionality, safety, and aesthetics, which can increase the value of your property.

Some essential kitchen improvements you can work on include facelifting cabinets by refacing or refinishing them. You can do this by repainting the cabinets and adding new hardware. Upgrading kitchen countertops will also have a significant impact. There are plenty of affordable choices available in the market, including tiles, Formica, and granite remnants. A new sink or faucet can also elevate your kitchen, as would lighting fixtures and new kitchen appliances.

2. Roofing

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Your roof is one of the first things a prospective buyer will notice on your property. A well-maintained roof shows that the property is well cared for, while a shabby one will instantly reduce the value of your property.

Since roofs are such significant investments, many property buyers will conduct roof inspections, so it’s best to have your roof looking great. Replacing your old roof will have buyers pay you top dollar, as new roofs can serve for over 30 years and can generate up to 61% ROI.

Depending on the extent of damage to your roof, you can also consider repairs instead of replacement. Ensure you work with an experienced roofing contractor like dmgexteriors.com or your local area to handle the roofing work. Regular roof maintenance, such as regular inspections, cleaning your roof and gutters, and removing debris from the roof, will also extend the lifespan of your roof.

3. Bathroom

Bathroom renovations are one of the best ways to make your home stand out, especially if you have an older home. Since buyers want aesthetic, safe, functional, and efficient bathrooms, improving yours will increase the value of your property and make it easy to sell.

Some helpful improvement ideas include lighting your bathroom with natural light or installing lighting fixtures. Adding mirrors will also improve the lighting and make the room feel more spacious.

Consider installing a smaller tub for a sleek look and stick to a neutral palette for a touch of class when choosing critical features like the sink, showers, toilet, and tub. Install countertops that look good but are functional and ensure there’s ample storage by utilizing vertical spacing and adding multipurpose items.

4. Paint Job

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Poor wallpaper, dirty walls, and peeling paint can make your home look old and cheap. On the contrary, a lovely house will generate buyers’ interest, and one effective way to do that is by repainting your property.

You can upgrade your home with a fresh coat of professional painting, making your property look fresh and clean, even if it’s old. Consider sticking to natural colors when painting, as they appeal to more people than vibrant colors. These include white, beige, gray, alabaster, and many others. You should also ensure the paint matches your home’s decor for a more harmonious look and that the artistry is perfect to avoid cheapening your home.

5. Curb Appeal

Your curb is the first thing people see when they drive up to your property. As such, keeping it in top form is essential to help create an excellent first impression. Curb appeal improvements don’t have to be expensive but will make all the difference by showing that your property is well cared for.

Some simple ways to improve curb appeal include working on the landscape by adding greenery, which can consist of planting trees and flowers, trimming hedges, and weeding or even mowing your lawn. With the right tools and resources, you can handle the landscaping yourself.

You can also install outdoor lighting, which can improve security and bring out the best of your outdoor area at night. You can also clean up your outdoor space, including the walkway and driveway. Painting your exterior walls can help significantly, as well as replacing or repairing damaged siding.

6. Finishing Basement

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Property prices are significantly affected by property size, and adding more usable space by improving your basement will increase your property value. You can do a lot of basement improvement work by yourself, which will help cut improvement costs.

Some ways to upgrade your basement include cleaning the basement. You can also consider painting the wall and roofs of the room and improving the lighting using fixtures. Painting the floor will also brighten and elevate the space.

You can also install power outlets to increase functionality. You can also add storage units to provide extra storage and look for a way to hide any mechanical units that are in the basement.

7. Flooring

An improved floor will elevate your space and make your home look newer, bigger, and more aesthetic. Your floor choice can also express your style and impact your home’s aesthetic, so it will be one of the first things buyers notice when they step into your property. Hardwood flooring is one of the most popular choices, attracting up to 70% ROI. This popularity is because wooden floors are healthy, last long, and are versatile, allowing you to style your home as you please. They also last longer, are easy to clean, and are sustainable and stylish.

8. Garage or Entry Door Replacement

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A damaged entry or garage door can increase energy costs, reduce curb appeal and leave your home vulnerable to security threats. Replacing or improving your garage and entry door can help increase safety, security, and curb appeal.

These are all features that matter to property buyers. Consider the state of your doors before replacing them. If they need minor improvements, you can work on fixing the issues or simply cleaning and painting the doors. You can also install extra security features like alarms and security systems. If the doors are old and worn, replacing them with newer, more efficient models will make a significant difference.

9. Windows

Windows are both aesthetic and functional features that make a big difference on property. Old, dirty or broken windows can make your property look neglected and lower its value. It can also reduce energy efficiency resulting in higher energy costs.

When improving windows, consider simple things like cleaning them and sealing them to minimize drafts. If the damage is extensive, consider replacing them with more energy-efficient options to reduce costs. New windows can offer up to 69% ROI, which can go higher if you calculate the lowered energy costs they offer.

Home improvements and renovations are the perfect way to enjoy your home while at the same time making your property more profitable. Kitchen and bathroom upgrades are two of the most rewarding improvement projects with up to 70% ROI. You should also consider replacing your garage and front door to improve curb appeal and enhance security. Replacing your roof can also increase your home’s value, as will replacing windows and upgrading your flooring.

Remember, not all home improvements have to be costly or extensive; simple changes can go a long way. Consider doing what you can and leave the more technical projects like roofing to the professionals.