Renovations that increase the value of your home the most include kitchen and bath remodels, window replacements, and a new roof.
However, while each of these projects will typically add tens of thousands of dollars to your home’s value, they are also major undertakings, both in terms of time and cost.
Simpler projects, like a garage door replacement or fresh coat of paint, are a lot less costly, but have a high return on investment.
Before undertaking any renovation project in order to increase your home’s value, consider your current market conditions and your timeline for selling. If you live in a hot seller’s market where your house is likely to sell quickly and over asking anyway, renovations may not make much of a difference in terms of attracting buyers.
But if you live in a slower market, then a remodeled home can help yours stand out from the rest and potentially get you more offers.