top of page
Search

Bang for Your Buck: Home Reno Projects with the Best ROI


If you’re a homeowner considering renovations, you’re probably wondering: Which upgrades will actually pay off? Whether you plan to sell soon or just want to increase your home's value, focusing on projects with the best return on investment (ROI) is a smart move.


Here’s a breakdown of home renovations that consistently deliver the highest bang for your buck:


1. Minor Kitchen Remodel


You don’t need a full-blown luxury kitchen to get a strong ROI. In fact, minor kitchen remodels often outperform major ones.


  • Updating cabinets (refacing or painting)

  • Installing new countertops

  • Replacing appliances with energy-efficient models

  • Updating hardware, fixtures, and lighting


Average ROI: 70% – 80%

A fresh, modern kitchen is a major selling point for buyers and can dramatically improve your home’s appeal.


2. Bathroom Remodel


Buyers love updated bathrooms. A simple remodel can make a big impact.


  • Replace outdated vanities, sinks, and toilets

  • Upgrade tile, flooring, and lighting

  • Add modern, water-saving fixtures


Average ROI: 60% – 70%


A clean, stylish bathroom gives a strong impression and can be a deciding factor for potential buyers.


3. Exterior Improvements (Curb Appeal)


First impressions matter — and they can be profitable.


  • New siding or fresh paint

  • Upgraded front door (steel or fiberglass)

  • Landscaping upgrades

  • Garage door replacement


Average ROI: 70% – 90%


Curb appeal not only boosts resale value but also makes your home stand out in a competitive market.


4. Energy-Efficient Upgrades


Modern buyers appreciate lower utility costs.


  • New windows

  • Insulation improvements

  • High-efficiency HVAC systems

  • Smart thermostats


Average ROI: 60% – 80% 


Plus, energy-efficient improvements may qualify for local rebates or federal tax credits.


5. Adding a Deck or Outdoor Living Space


Outdoor living has become increasingly desirable.


  • Wooden decks

  • Patio spaces

  • Outdoor kitchens and seating areas


Average ROI: 65% – 75% 


Creating inviting outdoor spaces can extend the functional square footage of your home, making it more attractive to buyers.


6. Basement Finishing


Finishing a basement adds usable living space, which can significantly boost value.


  • Extra bedrooms or living areas

  • Home office or gym

  • Rental or in-law suite potential


Average ROI: 65% – 75% 


A finished basement offers flexibility and appeals to families needing more room.

7. Attic Insulation


It may not be flashy, but adding or upgrading attic insulation is one of the highest-ROI projects.


  • Reduces heating and cooling costs

  • Often low-cost compared to major remodels


Average ROI: Up to 80%


8. Paint — Inside and Out


The simplest and most cost-effective improvement is a fresh coat of paint.


  • Neutral, modern colors inside

  • Well-maintained exterior paint


Average ROI: Can vary, but typically 50% – 100% due to low cost and high visual impact.


Final Thoughts


When it comes to renovations, value isn’t just about recouping money — it’s also about making your home more livable, functional, and appealing to future buyers. Focus on improvements that modernize, boost efficiency, and increase usable space for the best returns.


Before you swing a hammer, consult with a local real estate professional to understand which projects have the highest ROI in your specific market.

 
 
 

Comments


Katie O'Leary, Realtor

Athena Real Estate
Agent & Broker Licensed in Louisiana

Athena Real Estate
425 Harrison Avenue, Suite 1200 New Orleans, LA 70124

  • Facebook
  • Instagram
  • LinkedIn

©2021 by Katie O'Leary, Athena Real Estate. Proudly created with Wix.com

bottom of page