Five Renovations That Will Increase Your Home's Value

BY

Anywhere Integrated Services

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June 17, 2024

A modern luxurious kitchen

When it comes to renovating your home, understanding how your projects impact its value is crucial. Whether you’re planning to sell soon or not, certain improvements can significantly enhance buyer interest and resale value. Let’s explore five of the best projects for maximizing your home’s worth. 

1. The bathroom - Updating a bathroom always ranks high when it comes to adding value to a home. When it comes time to sell, potential buyers can spot an outdated bathroom right away just by looking at the layout and fixtures. Home improvement experts say to focus on updating sinks and showers along with the vanity. Keep an eye toward adding storage, too, always a plus in any bathroom.  
 
2. Kitchen cabinets - The kitchen is a key focal point for homebuyers, so any remodeling project in this room is almost certain to increase your home's value. Kitchen cabinets, in particular, are important to update, so try to pick both a style and color that are relatively timeless to get the maximum life and value out of your kitchen upgrade. 
 
3. Countertops -  Another integral part of any kitchen design are the countertops, so if you're considering a larger home renovation project, add new kitchen counters to the list. When it comes to home value, the material you choose plays a huge role, so look for stylish and durable granite and quartz options. To keep things timeless, consider white or another neutral shade for your counters. 
 
4. Windows - While new windows may not give you the biggest design punch, they're high on the list for homebuyers with an eye toward energy efficiency. In fact, according to Home Depot, you may recoup as much as 70% of your investment when it comes time to sell your home. And in the meantime, the right windows may save you up to 25% on your energy bill. 
 
5. Fencing -  Replacing an old fence or adding a new one is a great investment to your home's outdoor space. An attractive fence not only adds to the aesthetic value of your home, it serves an important purpose: keeping pets and small children secure and/or adding needed privacy. You can also consider creating natural fences with hedges or fast-growing evergreen trees. 
 
Always remember that while return on investment and increasing your home's value are important goals, any renovation you take on should enhance your family's day-to-day life as well. Unless you're looking to sell soon, choose the projects that will best improve your lifestyle. 

*Adapted from an article published by RISMedia 

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This material is meant for general illustration and/or informational purposes only. Although the information has been gathered from sources believed to be reliable, no representation is made as to its accuracy.

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