What Are the Best Home Improvements with a High ROI?

2 Mins read

Any long-time homeowner will tell you that not all home improvements are created equal. It’s important to know the best ones to take on if you want to get the best returns. To help you with this, read on and get some ideas about the best improvements with a high ROI that you can do.

A Finished Basement

Many homebuyers on the market for a new home want to maximize on the benefits they get when they buy a home. A part of having a more valuable home is having more livable square footage. While things like appliances also have a positive impact, such as upgrading a central air conditioner that’s between 15 and 20 years old, or at the end of its lifespan, they can only go so far. Finish your entire home and upgrade the basement if it’s currently unfinished so that it can be functional both for you and anyone who may buy your home in the future.

Kitchen and Bathroom Remodels

These two spaces are the most utilized in any home, so they will add a home’s value impressively when they’re upgraded. Whether it’s a minor or a major remodel you do to these spaces, it will give you great returns in a short time. They might be a bit costly, but they will more than pay for themselves if you sell your home. They will help make your lives more comfortable and also potentially save you a lot of money in terms of energy.

Enhanced Curb Appeal

Your home’s curb appeal is what will draw people’s attention and set the stage for what to expect, so improving it is in your best interests. There are many things you can do to upgrade your home’s curb appeal, and one of them is replacing the garage door. Remodeling Magazine states that replacing your garage door will give you a return on investment of 93.8%. This is an amazing figure and one that should highlight the most important curb appeal improvements to make. You should also clean or repair your siding and give your roof a thorough cleaning so that people approaching your home can see that it’s well taken care of.

Adding a Porch, Patio, or Deck

As is the case with finishing your basement, adding a deck, patio, or porch to your home, or giving existing ones an upgrade adds to the livable square footage of your home. Any homebuyer on the market will be impressed by their existence, especially if they’re in a good state. Make sure that you go with the right colors and materials so that the improvement looks planned out rather than a spontaneous event.

A Well-Manicured Landscape

Finally, give your landscape some attention and get it in good shape. Prune the trees and shrubs, being keen to cut back any that grow too close to your home. If you have the room and finances, add a water feature or other pieces to your yard. Alternatively, start a garden or tend to an existing one so you can improve the greenery around your home. If you like, you could add some herbs and vegetables so that you have a nice little kitchen garden that could cater to your home’s needs. Note that trees and shrubs that are well-maintained can increase the value of a property by up to 14%, making this a worthwhile project to do.

Have your pick of any of these home improvement projects and watch your home’s value increase. Work with an expert to get the very best results and avoid wasting time and money on trial and error. When you do this, your home will become both more functional and more valuable!

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