What renovation adds the most value?

The Most Valuable Renovation Is The One That Adds The Most Value

When considering a renovation, one of the most common questions homeowners have is which projects will add the most value to their home. While there are numerous factors that can influence a home’s value, some renovations are more effective than others. If you’re thinking about selling your home, these are the renovations you should prioritize.

1. Garage door replacement is one of the most noticeable changes you can make to the exterior of your home. A new garage door can instantly transform your home and significantly increase its curb appeal. Garage door replacement costs around $4,041, making it a reasonably priced project.

2. Installing manufactured stone veneers is another excellent way to increase the value of your home. This type of siding gives homes a natural stone appearance without the high cost. It’s also low-maintenance and long-lasting, making it an excellent choice for any homeowner. The average cost of manufactured stone veneers is around $11,066.

3. If you want to add serious value to your home with a kitchen remodel, consider a minor update rather than a complete gut job. Replacing outdated appliances and hardware, repainting cabinets, and retiling backsplashes are all minor changes that can have a significant impact on both aesthetics and functionality. Minor kitchen remodels typically cost around $28,279.

4. Another important aspect of your home’s exterior is the siding and windows. It is also one of the important components of your home’s exterior, so keeping them in good condition can help you increase the value of your home. Siding and windows are two other areas were making some improvements can really pay off in the long run.

5. Building a deck or patio is a great way to increase outdoor living space and make your home more enjoyable to live in. This addition can also increase the value of your home.

6. Finishing a basement can increase the value of your home by adding extra living space.

7. Sometimes all your home requires is a fresh coat of paint or another cosmetic update to look its best.

When done correctly, these types of updates can be relatively inexpensive while still adding value to your home.