How to add value to your home: High ROI home upgrades

by Mika Glass Ratnam 11/20/2022

Whether you’re a homeowner or a real estate investor, it’s always important to know how to add value to your home. Many upgrades and renovations have a higher rate of return than others, and it’s helpful to know them to make the best possible investment in your property.

Here are some of the home upgrades with the highest returns on investment to consider:

Add a deck or patio

Outdoor living is a big priority for many potential homebuyers. Adding a patio or building a deck in your backyard is one way to add to your home value. Consider your choice of materials carefully, though. Some building materials can cost more up front, but will be cheaper and easier to maintain long-term.

Spruce up the bathroom

Most home improvement experts recommend focusing on bathroom renovations to add home value. Luckily, it doesn’t take a complete remodel to reap the rewards. Simple changes like replacing fixtures, adding storage space and repainting can result in a considerable payoff.

Increase energy efficiency

Energy efficiency is a top priority among potential buyers, both to help the environment and save on utility bills. Simple upgrades like installing a smart thermostat and energy-efficient appliances are high ROI projects. You can also consider more extensive upgrades like replacing windows, insulation and HVAC system.

Revisit landscaping

Landscaping is an often overlooked area of home improvement that can bring in massive returns. Trim shrubs, prune trees and plant new, low-maintenance greenery to refresh your outdoor spaces and enhance curb appeal. Other upgrades include installing simple water features, garden pathways and lighting.

These are just a few of the best ways to invest in your property and add value to your home. Consider these projects and others like them if you’re interested in boosting your ROI.

About the Author
Author

Mika Glass Ratnam

Hi, I'm Mika Glass and I'd love to assist you. I am like a house doctor or coach. Ready to celebrate your lifestyle with the right real estate for you. I try to understand your needs and see how best to make it happen. Whether you're in the research phase or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side.

Clients come in with a variety of needs: new luxurious expansion, downsizing to a simpler home, relocation to be near ones children, a senior looking to enjoy the next phase of their lives, an empty nester wondering what to do next, or an investor looking for residential and commercial opportunities, a commercial investor looking to repurpose land to build homes or offices or find a new client. Even a student looking to buy a home and rent it out to friends rather than pay for a dorm. I'd be honored to put my real estate experience to work for you. Analytical, Proactive and Diligent, I will investigate and persevere till we find the right property. I collaborate with other professionals and keep educating myself on the new and latest laws and trends. I live in the Mid Peninsula, San Francisco Bay area but I connect with people worldwide.