Re/max River's Edge
Missie Rose Benson, Re/max River's EdgePhone: (508) 826-9966
Email: [email protected]

How to add value to your home: Upgrades with the best ROI

by Missie Rose Benson 11/23/2022

Whether you’re a homeowner or a real estate investor, it’s always important to know how to add value to your home. Many upgrades and renovations have a higher rate of return than others, and it’s helpful to know them to make the best possible investment in your property.

Here are some of the home upgrades with the highest returns on investment to consider:

Add a deck or patio

Outdoor living is a big priority for many potential homebuyers. Adding a patio or building a deck in your backyard is one way to add to your home value. Consider your choice of materials carefully, though. Some building materials can cost more up front, but will be cheaper and easier to maintain long-term.

Spruce up the bathroom

Most home improvement experts recommend focusing on bathroom renovations to add home value. Luckily, it doesn’t take a complete remodel to reap the rewards. Simple changes like replacing fixtures, adding storage space and repainting can result in a considerable payoff.

Increase energy efficiency

Energy efficiency is a top priority among potential buyers, both to help the environment and save on utility bills. Simple upgrades like installing a smart thermostat and energy-efficient appliances are high ROI projects. You can also consider more extensive upgrades like replacing windows, insulation and HVAC system.

Revisit landscaping

Landscaping is an often overlooked area of home improvement that can bring in massive returns. Trim shrubs, prune trees and plant new, low-maintenance greenery to refresh your outdoor spaces and enhance curb appeal. Other upgrades include installing simple water features, garden pathways and lighting.

These are just a few of the best ways to invest in your property and add value to your home. Consider these projects and others like them if you’re interested in boosting your ROI.

About the Author
Author

Missie Rose Benson

Hello! Thank you for taking time to view my page. Since the purchase of my own first piece of real estate 18 years ago, I have developed a deep love for houses, homes, their design, charm and character! I welcome the challenge of the hunt to find that perfect piece of property for each and every client I am so lucky to work with. I thrive on helping my clients achieve a piece of the American Dream in owning Real Estate. 

 

Designations

ABR, SRS