Homeowners often invest in home improvements to increase the value of their homes. However, not all improvements are created equal in terms of return on investment (ROI). In this article, we will discuss the top five home improvements that can put extra money in your pocket when you decide to sell your home.

Kitchen Remodel ROI

A well-designed and updated kitchen can make your home more attractive to potential buyers, resulting in a higher sale price. Additionally, it can also provide an opportunity to make the kitchen more energy-efficient by updating lighting, appliances, and insulation.

The cost of a kitchen remodel can vary greatly depending on the size of the kitchen, the materials used, and the extent of the renovation. However, the potential ROI can be significant. According to Remodeling magazine’s 2020 Cost vs. Value report, a minor kitchen remodel can have an ROI of up to 82%, while an upscale remodel can have up to 58%.

Bathroom Remodel ROI

A well-designed and updated bathroom can also attract the attention of potential buyers, resulting in a higher sale price. Moreover, it can improve the functionality of your bathroom by adding new features such as a bathtub, shower, or double sink.

The average cost of a bathroom remodel can range from $3,000 to $25,000, with higher-end renovations costing even more. Nonetheless, the potential ROI can be significant. Remodeling magazine’s 2020 Cost vs. Value report states that a minor bathroom remodel can have an ROI of up to 80%, while an upscale bathroom remodel can have up to 57%.

Additions (Room, Deck, Patio) ROI

Adding an extra room, deck, or patio can provide more space for a growing family, increase the home’s functionality by providing additional storage space, or a dedicated area for a specific activity. Moreover, in Florida, homeowners often add outdoor living spaces such as lanais, screened porches, and sunrooms to enjoy the beautiful weather.

Landscaping and Curb Appeal ROI

A well-maintained and landscaped yard can make your home more attractive and inviting, resulting in a higher sale price if you decide to sell your home. Additionally, landscaping can improve functionality and privacy for your enjoyment.

According to the National Association of Landscape Professionals, the average cost of a landscaping project can range from $3,000 to $50,000. Furthermore, the National Association of Realtors reports that landscaping can improve the value of a home by up to 12%.

Energy-Efficiency Upgrade ROI

Energy-efficient upgrades can significantly reduce energy costs, making them an excellent investment for homeowners. Some of the most common energy-efficient home upgrades include adding insulation to walls and attics, upgrading to energy-efficient appliances and lighting, impact windows, and installing solar panels to generate electricity.

The ROI on energy-efficient upgrades varies, making it essential to consult your Realtor to see how these improvements add to the value when selling.

In conclusion, homeowners who want to increase the value of their homes should consider these top five home improvements. Investing in a kitchen remodel, bathroom remodel, addition, landscaping, and energy-efficient upgrades can provide significant returns on investment. Remember, you don’t have to spend top dollar to get the best ROI.

Are you looking to make some money on your next home improvement project? From updated kitchen cabinets to new windows, these 5 amazing home improvements are guaranteed to make you money and will add value and beauty to your home. Watch this video🎬 to see how much you will profit from these 5 amazing home improvements, and you may be surprised you don’t have to do the most expensive improvement to make more money!

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I am Maria Wells, Broker/Owner of Lifestyle Realty Group. Located on the Treasure Coast of Florida, I am your neighborhood expert in Stuart, Jensen Beach, Palm City, Hobe Sound, Sewalls Point, Hutchinson Island, and more.  With six real estate designations, I bring you knowledge and insights beyond the average Realtor.  I will listen to what you are asking, read between the lines, and give you the information you may not know to ask. 

As the 2017 elected State President of Florida Realtors, the largest state trade organization in the US serving over 180,000 members, and, in 201,9 elected Region 5 Vice President for the National Association of Realtors, I convey tremendous experience and knowledge to handle the complexities of real estate to be your strong advocate. My Concierge philosophy and resources will provide you with personalized attention and service!  As a persuasive negotiator, I will get you to the closing table, manage all the details for a worry-free transaction, and be a resource for all your real estate needs for years to come.

If you are looking for my “Selling Senior Style” services, I have worked with hundreds of families to solve all of the issues regarding personal and real property for seniors and their families.  My designation Senior Real Estate Specialist (SRES,) will give you tremendous value if you are on this life journey.

I live in Jensen Beach, Florida with my husband, where we raise Orchids 🌸, polish up our Harleys 🏍 , and enjoy our grown children and one adorable grandson.👶🏻 🍼.  Photos 🎥 by Dragonfly Aerials – dragonflyaerials.pics  

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