What Home Improvements Increase Sale Value?

Maximizing ROI with Home Improvements Before Selling

Selling a home can be a complex process, but with the right home improvements, you can maximize your return on investment (ROI) and potentially close the deal for a higher price. Whether you're looking to boost curb appeal, improve functionality, or make the home more appealing to buyers, certain home renovations yield higher returns than others. Here’s a look at eight home improvements with some of the highest ROI before selling your property.

1. Garage Door Replacement

First impressions matter, and the garage door is one of the first things a potential buyer will notice. A stylish, well-maintained garage door can significantly boost your home’s curb appeal and is one of the most cost-effective upgrades you can make. According to various real estate studies, replacing an old, worn-out garage door with a modern, insulated one can offer a return on investment of over 90%. It’s an upgrade that not only increases aesthetic appeal but can also offer improved energy efficiency.

Why It Pays Off: Buyers may not immediately think about garage doors, but when they see a sleek, high-quality one, it conveys that the home is well-maintained and cared for. It’s a small change that makes a huge impact!

2. Steel Door Replacement

The front door serves as the gateway to the home and is often the focal point of curb appeal. Replacing a standard entry door with a new steel door, especially if it’s energy-efficient, offers an impressive ROI. Steel doors are not only durable and secure, but they also improve energy efficiency, reducing heating and cooling costs. This is another upgrade that can yield returns in the range of 75% to 80%.

Why It Pays Off: Buyers are more likely to appreciate a front door that offers security, energy savings, and curb appeal. Steel doors can also provide a sleek and modern look, increasing the overall value of your home.

3. Installing Manufactured Stone Veneer

If you want to elevate your home’s exterior without breaking the bank, installing manufactured stone veneer on the front of your home can add an upscale look and feel. This product mimics the appearance of natural stone but at a fraction of the cost. Homeowners who invest in stone veneer can expect a strong ROI, with some studies showing returns as high as 90%. The high-end aesthetic will make your home stand out among others in the neighborhood, attracting buyers with discerning tastes.

Why It Pays Off: Manufactured stone veneer boosts curb appeal and creates a lasting impression, enhancing the overall exterior without the massive expense of full stonework. It’s a simple way to upgrade the look and feel of your home while maintaining a great ROI.

4. Grand Entrance Upscale

Creating a grand entrance is about more than just the front door—it's about the entire approach to the home. Adding a new set of double doors, enhancing the landscaping, or even including decorative elements such as new lighting or a stylish new porch can increase the perceived value of the home. It sets the tone for the rest of the property and can be a memorable experience for potential buyers.

Why It Pays Off: A grand entrance creates an emotional connection with buyers and makes them feel like they are entering a luxurious and well-maintained home. It’s a relatively small investment that pays off by boosting the home’s marketability.

5. Minor Kitchen Remodel

The kitchen is often considered the heart of the home, and it’s where many buyers spend a lot of their time during a home tour. A minor kitchen remodel, such as updating countertops, installing new cabinets, or adding modern appliances, can dramatically improve the kitchen’s appeal. A minor remodel generally offers a return on investment between 70% to 80%, depending on the scope of work.

Why It Pays Off: Even small changes in the kitchen—like new lighting, a backsplash, or updated hardware—can make it feel fresh and inviting. Buyers are willing to pay more for a kitchen that is functional, stylish, and in good condition.

6. Siding Replacement

If your home’s siding is showing signs of wear, replacing it can make a huge difference in terms of curb appeal and energy efficiency. Whether you choose vinyl, fiber cement, or wood, new siding not only enhances the visual appeal of the property but also provides long-term durability. Homeowners can expect to recoup around 75% of the cost of siding replacement upon sale.

Why It Pays Off: New siding protects the home from the elements, improves insulation, and gives the exterior a fresh, clean look. It’s one of the more significant home improvements you can make that will catch the eye of potential buyers.

7. Deck Addition (Wood)

Outdoor living spaces are becoming increasingly important to homebuyers, especially in suburban and rural areas. Adding a wooden deck to your home provides a place for entertaining and enjoying the outdoors. A wood deck offers one of the highest ROIs, with an estimated return on investment of about 75% to 80%. It’s a solid option that adds both usable space and aesthetic appeal.

Why It Pays Off: A deck is an affordable way to enhance the outdoor living experience, and it can significantly increase your home’s value. Many buyers appreciate the idea of having a ready-to-use outdoor space, and a well-built deck can be a major selling point.

8. Bathroom Remodel

Updating a bathroom may be one of the most rewarding home improvements you can make before selling. Small updates, such as replacing outdated fixtures, re-grouting tiles, or adding modern features like new countertops or mirrors, can give the bathroom a fresh and inviting look. A full remodel or a minor refresh can provide returns of 60% to 70%, depending on the scale of the work.

Why It Pays Off: Bathrooms are spaces where cleanliness and modernity make a big impression. Buyers want bathrooms that are functional and stylish. Updating tired fixtures or adding elegant touches can make a bathroom feel like a spa, increasing the home’s overall appeal.

Final Thoughts

When preparing to sell, it’s essential to focus on home improvements that offer the highest return on investment. Whether it’s replacing the garage door, adding a deck, or refreshing the kitchen, these projects will not only make your home more appealing but also potentially help you sell faster and for a higher price. With the right upgrades, you can ensure that your home stands out and attracts the right buyer. Happy renovating!