Home Improvement Projects With The Best ROI

Customizing a home to your taste is one of the best things about home ownership! But before swinging that sledgehammer there are a few things you should know to make sure you get max ROI for when you decide to sell. Check out the statistics from NAR’s 2022 Remodeling Impact Report:

Top 5 Interior Reno Projects For Max ROI:

  • Hardwood floor refinish: 147%
  • New wood flooring: 118%
  • Insulation upgrade: 100%
  • Finish basement area: 86%
  • Closet reno: 83%  

Further down on the list?

  • Bathroom reno: 71%
  • Kitchen upgrade: 67%

Top 5 Exterior Reno Projects For Max ROI:

  • Replace roof: 100%
  • Garage door replacement: 100%
  • Upgrade to fiber cement siding: 86%
  • Vinyl siding replacement: 82%
  • Vinyl windows: 67%

All of the renovations on this list would be a thumbs up from where I stand! However if we are going in order of value, I would do a few interior & exterior upgrades that are most valued on each list. If you are curious as to what upgrades you can make on your home to get your max return, let's chat! 

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