Searching for remodeling ideas to increase your home value? By redesigning your home based on features home buyers want, you can boost its value before it hits the market. While your return on investment (ROI) is still dependent on your home’s age, location, and features—here are 12 home improvement ideas that add value through upgrades and remodeling!
Choose Home Automation
Smart home technology is becoming more integrated into daily life than ever before. In fact, nearly half of all U.S. households interact with smart home devices, and 81% of consumers say they’re more likely to purchase a home with smart technology. To complete this home remodel, you can install a smart home system with programmable thermostats, smart LED lighting, fans, and smart home security with easy control via a smart hub. With the cost of installing a home automation system averaging around $908, this budget-friendly home renovation idea makes your house more desirable on the market.
Invest in Bathroom Revamps
Bathroom remodeling continues to be among the top home improvements for resale value! With an average renovation cost ranging around $6,600 to $17,000, remodeling your bathroom carries a higher price tag but also higher ROI, as most homeowners recoup around two-thirds of their investment. While your first instinct might be to go with a luxury bathroom, opting for mid-range updates like new vanities, plumbing, and tile can often see a higher return value than upscale bathroom remodels. Looking for budget-friendly bathroom renovation ideas? Try minor projects like repainting cabinets, maximizing natural lighting, and updating bathroom hardware, like fiberglass showers or corner tubs.
Complete a Kitchen Remodel
Whether you’re selling your house or looking for ways to increase home value, the demand for a stylish, functional kitchen promises over 85% ROI. But with new countertops, cabinets, floors, and more to consider, kitchen remodels are a more expensive home remodeling idea. Homeowners can expect to spend anywhere from $14,000 to $41,000 when upgrading their kitchen. Looking for DIY kitchen renovation ideas? Consider painting kitchen cabinets and installing a backsplash—even if it’s peel-and-stick tile—to help improve your home’s resale value on a budget.
Commit to an Open Floor Plan
At a cost of about $10 to $25 per square foot—and a recoup of up to 50% of its cost—creating an open floor plan is one of the best home improvements for resale value. As one of the top home design trends, an open floor plan allows homeowners to maximize usable space. Great rooms feel open and inviting, allowing homeowners to move freely between their kitchens, dining rooms, and other spaces. This high-ROI home remodeling idea is perfect for large families or those who entertain often. To encourage even more positive energy in your open-concept home, you can remove non-load-bearing walls to let in more natural light, which is always popular with buyers!
Add Usable Square Footage
Increase the utility of your home and make space for your favorite home renovation ideas by increasing usable square footage. Since homes are valued by livable square feet, adding square footage is a savvy financial investment—especially in areas where real estate space is limited. Repurposing your flex space into a functional living room, for example, will help increase your home’s value. Whether you’re looking to turn a spare room into a home office or create an office/guest room combo, the resulting cost will depend on your desired project. Be sure to ask questions for contractors you employ for any projects, but especially major home renovations like this.
Promote Universal Design
Accessibility is a must in modern home renovation. Incorporating universal design helps make a home more comfortable and accessible to future residents with special needs, limited mobility, and more. Universal design often requires structural changes for a wheelchair-accessible home and can cost anywhere between $30,000 to $40,000 for additions like widening hallways or converting to an ADA-compliant home. Age-in-place renovations like stair lifts, raised base cabinets, or grab bars are more cost-effective ways to add accessibility. Arranging your bathroom in line with the principles of universal design offers roughly 57% ROI and is perfect for multigenerational families who need a senior-safe living area.
Make Energy-Efficient Upgrades
Old, leaky home features can be a huge drain on heating and air costs. Some of the best home improvements for resale include adding insulation to your attic, replacing windows, installing solar panels, and resealing old doors. To save money on energy bills, minimize your environmental impact, and promote an eco-friendly lifestyle, make sure to go green in your home. Another great way to save in your home is with ENERGY STAR appliances. All of these energy-efficient home improvements might seem like a big expense at first, but they pay off during the home appraisal—up to 85%, actually!
Swap Out Your Front Door & Garage Door
Improve your home’s curb appeal with one of the best home renovation projects to sell your home—replacing doors. Installing a new entryway door typically costs between $500 and $7,500, with fiberglass, vinyl, and steel among the most popular materials for front doors. And like new front doors, replacing your garage door is sure to increase home value! While the average renovation cost for a one-car garage door is roughly $1,200, this home improvement project carries a near-perfect ROI of 97.5%. Plus, home buyers are looking for durable home features, and quality garage doors hold up for about 30 years. Installing energy-efficient doors increases security as well as helps reduce energy bills. If these home renovations aren’t in your budget, simply repaint them with a color that adds value like black, blue, or olive green.
Freshen Up Your Landscaping
An effective way to boost the value your home value is by creating an eco-friendly backyard. From lighting walkways to maintaining a healthy lawn, landscaping improves home value up to 30%. While the cost of landscaping will vary based on your chosen hardscaping project and your backyard’s size, the average cost for these exterior home remodels ranges between $1,300 and $5,700. Keep in mind that routine maintenance—like frequent mulch replacement and plant upkeep—is key to retaining resale value. There are plenty of ways to get started with landscaping, but if a landscaping project is too much, you can always look at doing a backyard makeover on a budget!
Additional Landscaping Ideas
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Build a Deck
Outdoor living spaces are high-in-demand features that both homeowners and buyers want for their properties. Building a deck is a home renovation idea guaranteed to add square footage to your backyard. Not sure which material you should use? Try a pressure-treated deck, which can run about $25 per square foot for materials and labor, or a wood deck at $3 to $15 per square foot. No matter which material you decide on for your outdoor patio, a deck addition can help you spend more time in your backyard as well as increase the value of your house when it comes time to sell—with an ROI of more than 80%!
Replace Old Siding
An excellent home improvement idea for upping home resale value is installing new siding! Durable and affordable, vinyl siding gives your home a new look that lasts for years with an average cost of $3 to $12 per square foot. Want a siding material other than vinyl? If you’re searching for a natural, woodsy feel, opt for engineered wood over natural wood. Engineered wood is easier and more affordable to install, costing between $4 to $9 per square foot. Manufactured stone veneer is another option, and while it’s more expensive—around $35 to $50 per square foot—you recoup about 97% of your cost! Another perk of faux stone is that it’s easy to install yourself.
Add an ADU
Looking to take advantage of your space by adding a luxury garage makeover, finishing your basement, or turning your attic into a usable living area? By renovating your home to include an accessory dwelling unit, you can finally design the perfect room for movie night or craft the ultimate she shed. If you need to expand your home floor plan to accommodate multigenerational families or to create an Airbnb rental property, drop an ADU (also called an in-law suite) onto your land! While ADUs cost anywhere from $149,000 to $300,000, they can increase your home value up to 35% and even serve as an extra source of income!
Need to store furniture and other belongings while remodeling your home? Extra Space Storage has easily-accessible storage locations throughout the U.S. Find cheap storage near you!