Top 7 Home Projects that Will Add Value to Your Property

April 20, 2023

*Updated November 20th, 2024

Redesigning your house can transform it into your dream home while simultaneously boosting its value. However, not all renovation projects offer the same return on investment. Some updates can significantly increase your home’s resale price, while others might not deliver the desired payoff—or could even detract from your property’s appeal. The key is identifying which upgrades provide the most value for your home and personal goals. Whether you’re planning to sell or simply want to enjoy a more comfortable living space, we’ve compiled a list of impactful projects to consider.

1. Window Replacement

Upgrade your windows to Energy Star-rated for a smart investment! Not only will this save money on heating and cooling costs, but you may even be eligible for green energy tax credits. Making the switch won’t necessarily boost buyer interest beyond what it currently is; instead, count on more secure savings in the long run. If you need guidance on choosing the right type of replacement window, we’ve got you covered with the main factors to take into consideration.

2. Roof Replacement

A well-maintained roof can be a homeowner’s best asset! Not only is it an important factor in home buyers’ decisions, but investing time and money into fixing or replacing the roof pays off – both for aesthetics and financial gain. Taking on a roofing project can be an intimidating process, but taking the time to ask important questions is vital for achieving your desired outcome. We’ve put together some questions to help get you started.

3. Finish Your Basement

While it’s convenient having an unfinished basement for storage space, transforming it into a living space for potential buyers is an invaluable asset. Whether you choose to use the space as an office, extra bedroom, or entertainment, finishing a basement of 400 to 1,500 square feet has a potential ROI of up to 75% according to studies.

4. Add a Deck

A home is never truly finished. There is always room for additional renovations and remodels, one of the most popular being the addition of a deck. Investing in a deck is rewarding – not just for the perfect spot to relax, but financially too! Decks are surprisingly inexpensive per square foot of extra space they add. A well maintained deck can greatly increase your home’s market value. Whether you are planning to sell soon or down the road, adding a deck will benefit you in the long run.

5. Bathroom Remodel

Transform an outdated vanity by installing a new countertop for a sleek, modern vibe. Make the bathroom appear larger with clever illusions like replacing outdated furniture and fixtures with pedestal ones that consume less square footage.

A bathroom remodel is one of the most exciting projects a homeowner can take on, but with so many options it can become overwhelming quickly. Don’t miss mistakes to avoid when remodeling your bath.

6. Upgrade Appliances

Outfit your kitchen with a more cohesive look without breaking the bank: order new doors and face panels from the manufacturer to update mismatched appliances. For an even greater upgrade, switch out older models for energy-efficient alternatives–saving both money on bills and adding immediate value for any homeowner looking to invest in your home.

7. Remodel the Attic

Instead of splurging on more square footage, why not give your home a new look by using the existing space? Transform that attic into an extra bedroom for guests or even a cozy retreat to get some exercise. Not only will you get more value for less money than with square footage additions, but potential buyers will love being able to envision how they could customize each space according to their own tastes. By making use of already present areas while adding personal touches, you can increase value without maxing out your wallet.

Although there are many home projects that will add value to your home, these are a few of the most impactful. You can gradually make improvements that will pay off when it comes time to sell. Even if you’re not planning on selling anytime soon, completing these projects can increase your enjoyment of your home and create a more comfortable living space for you and your family.

8. Update Your Landscaping

Curb appeal is the first impression buyers have of your home, and a well-designed landscape can make all the difference. Add vibrant plants, low-maintenance greenery, and outdoor lighting to enhance your home’s exterior. A new walkway or a refreshed lawn can also significantly increase the perceived value of your property.

9. Upgrade Your Front Door

Replacing your front door is one of the simplest yet most effective upgrades you can make. A sturdy steel or fiberglass door not only boosts curb appeal but also improves energy efficiency and home security. This small investment can offer a surprising ROI while creating a welcoming entrance.

10. Modernize Your Kitchen

A full kitchen remodel isn’t always necessary to add value. Focus on smaller upgrades like installing a stylish backsplash, updating cabinet hardware, or adding new lighting fixtures. For bigger transformations, consider replacing countertops or upgrading to energy-efficient appliances for a more modern and functional space.

11. Install Smart Home Features

Adding smart home technology, such as a programmable thermostat, security cameras, or smart lighting, can appeal to tech-savvy buyers. These features are convenient and energy-efficient, offering immediate value and positioning your home as modern and future-ready.

12. Replace Siding

New siding not only refreshes your home’s exterior but also enhances energy efficiency and weather resistance. Options like fiber cement or vinyl siding can deliver an excellent ROI, improve curb appeal, and increase your home’s overall value.

Conclusion

While many home improvement projects can add value, the ones listed above offer some of the highest returns on investment. By prioritizing these impactful updates, you can gradually enhance your home’s functionality, style, and market appeal. Whether you’re preparing to sell or simply aiming to create a more enjoyable living environment, these projects will benefit you now and in the future.

Additional Home Improvement Resources