The 14 Home Renovations That Have the Highest Return on Investment

If you’re getting ready to renovate your home, it pays—literally—to choose wisely. Choosing the right home or office remodeling project in Lancaster, CA will provide a better return on your investment. While that shouldn’t be your only concern—you want to pick renovations that you’ll enjoy and use, too—there are a few that will increase your home value more than others. Here are 14 home renovations that should provide a good return:

  • Minor kitchen remodel: If you limit your kitchen remodel to just a few items, like replacing appliances, improving the flooring and refurbishing your cabinets, you should be able to recoup about 80 percent of your investment.
  • Major kitchen remodel: Major kitchen remodels might be necessary, depending on what kind of shape your old kitchen is in. While you’ll probably only recover 60 percent of your investment, having a beautiful, functional kitchen is worth it.
  • New front door: You’ll get about 90 percent of your investment back when you add a brand-new steel entry door. Pick one that’s insulated for energy savings.
  • Exterior stone veneer: Get the look of stone without the hassle of masonry. Exterior stone veneer will recoup about 97 percent of your investment when you sell your home.
  • Siding: Speaking of exteriors, curb appeal is important. Replacing your existing siding will get you up to 77 percent back.
  • New windows: How long has it been since you updated your windows? New, energy-efficient windows can net a 74 percent ROI and much lower energy bills.
  • New garage door: Not only will a new garage door enhance your home’s curb appeal, but you’ll also get 98 percent back when it’s time to sell.
  • Install a wooden deck: Increase your livable space when you install a wooden deck in your backyard—you should get about 83 percent of your investment back.
  • Bathroom remodel or addition: Bathrooms are one of the “make it or break it” rooms when selling a home. Remodeling yours or adding a new one should net about 70 percent back upon resale.
  • Universal design bathrooms: Aging in place is all the rage these days, so consider upgrading your bathrooms with mobility-friendly features. Again, you’ll get about 70 percent back.
  • New entrance: You can get about 67 percent of your investment back when you upgrade your entryway—think new front door, glass side panels and more.
  • Master suite addition: Master suites sell homes, so consider adding onto or upgrading yours. You should get about 57 percent back.
  • Patio: Upgrade your backyard with a concrete or stone patio, fire pit and outdoor kitchen for a 50 percent ROI—and a lot of fun in the meantime.
  • New roof: Finally, replace your roof before you sell. You’ll get around 68 percent back on the total cost, and it’ll be a lot easier to sell your home.

When you’re ready to start a home or office remodeling project in Lancaster, CA, get in touch with the team at JB Construction to schedule a consultation. We look forward to hearing from you soon.

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