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What Home Improvements Provide the Highest ROI?

This will make you look at renovations in a whole new light.

home wood kit closeup

Buying a house is one heck of an investment. Aside from the home price per se, you’d be spending thousands of dollars on additions, improvements, and renovations. Can’t have a plain-looking house, can we?

This is especially true if you’re looking to make money by selling the house at some point. In this case, you’re not overhauling the kitchen or upgrading the curb out of vanity. The quality of home improvements you implement has a tangible effect on the profit you can potentially gain in the future.

In other words, you need to determine how home improvements ultimately affect your return on investment (ROI). Before you take your pick between vinyl and wood windows—or, perhaps, working on the basement versus enhancing the attic—you have to crunch the numbers carefully in order to make the best decision about spending your money.

In the end, the right call can get you great returns. Who wouldn’t want that?

Check below to find out which home improvements produce the highest ROI.

Refreshing countertops
ROI: 75-100%
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Replacing carpet with hardwood
ROI: 70%-80%
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Finishing the basement
ROI: 70-75%
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Replacing windows
ROI: 62.5%-66.6%
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Improving outdoor spaces
ROI: 56-92%
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Adding a primary suite
ROI: 47.5%-52.1%
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Resurfacing driveway
ROI: 45%-50%
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Electrical upgrades
ROI: 230%-400%
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Repairing plumbing
ROI: 230%-400%
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Warranty protection
ROI: 600%
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Hardwood floors
ROI: 100%-106%%
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Replacing garage door
ROI: 133%
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Energy-efficient extras
ROI: 117%
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Adding a conservatory
ROI: 108%
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Bathroom update
ROI: 37%
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Insulation upgrade
ROI: 100%
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Landscaping improvements
ROI: 100%
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Adding a stone veneer
ROI: 100%
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Attic bedroom
ROI: 94%
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Deck, patio, or porch
ROI: 90%
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New front door
ROI: 90%
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Upgrading gardens
ROI: 88%
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Vinyl siding
ROI: 86%
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Closet renovation
ROI: 83%
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Adding a family room
ROI: 83%
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Upgrading the curb appeal
ROI: 80%
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Family-room addition
ROI: 78%
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Accessory dwelling units
ROI: 75%
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Room updates
ROI: 73%
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Kitchen upgrades
ROI: 72%
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Extensions
ROI: 71%
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Master bathroom renovation
ROI: 70%
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Vinyl windows
ROI: 67%
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Adding a wooden deck
ROI: 67%
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Updating living room decor
ROI: 66%
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New entry doors
ROI: 65%
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Adding wood windows
ROI: 63%
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Replacing asphalt roof shingles
ROI: 61%
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Grand entrance/fiberglass
ROI: 57%
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Replacing metal roof
ROI: 56%
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Just updated: 50+ Ways to Make Money (including 30+ work from home jobs)

New carpets
ROI: 50%
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New doors & hardware
ROI: 50%
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Installing a fence
ROI: 50%
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New backyard patio
ROI: 45%
Source

outside of a house attic

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