3 Home Upgrades that Have the Biggest ROI

3 Home Upgrades that Have the Biggest ROI

  • Denise Graves
  • 05/22/19
 

Upgrade the Value of Your Home With These Simple Additions

Whether you’re looking to sell your home or you want to continue investing in a property you love, home upgrades are a must. By keeping your home up-to-date, you’ll set yourself up for success. Here, we’ve gathered the top ways to upgrade your home and get a return on your investment. Read on to discover the best renovation ideas--and the numbers that back them up.

1. Door Replacements Are Key

Garage door replacements are smart investments. If you’re looking for a remodel that will have a sizable return, a garage door is where you should start. With a 98.3% cost recuperation, a new and improved garage door is an excellent choice. Consider investing in a steel, insulated, and quality painted garage door for optimal return.

A front door replacement can also increase the value of your home at minimal cost. By installing a new steel entry door to the front of your home, you can enjoy a 91.3% return. 

And, if you’d like to keep things simple, a fresh coat of paint on your existing front door can pay off too. By adding a new splash of paint to the interior or exterior of your entry door, you can increase your home’s value. Interestingly, certain paint colors have a stronger impact on the return of your investment. For example, black, charcoal, and grey front doors have the strongest ROI.

2. Remodels That Return

The cost of updating a worn-down bathroom can be recouped by up to 70.1%. When modifying your existing bathroom, be sure to focus on key elements like replacing light fixtures, adding tile through the shower and floor, and upgrading the vanity. These additions will set you up for success by adding measurable value to your home.

When remodeling, you may also consider the impact of updating your kitchen. A kitchen remodel can account for a return on investment of 81.1%. In addition to traditional remodel elements like a new sink and countertops, consider adding environmentally-friendly features.

Keep in mind, you don’t necessarily have to knock your entire bathroom or kitchen down and start from scratch. Previous home sellers have experienced the highest return on their remodels when completing minor or midscale changes.

3. Outdoor Upgrades Are Worth It

With an ROI of 82.8%, a wooden deck is a great way to upgrade the exterior of your home. Simply create a deck that has quality stairs and railings, and you’re good to go. This home addition is attractive to potential buyers—and current homeowners—as it allows residents to fully enjoy the backyard of their home.


Are you preparing to sell a piece of San Antonio real estate? Contact Denise Graves. Denise can guide you through your home renovations and serve as your San Antonio or Boerne real estate agent.
 
 
 

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