Friday, April 18, 2025

Home Renovations That Add Value


What Adds the Most Value When Renovating a Home?

The Top ROI Projects That Buyers Notice and Appraisers Love

Renovating your home is an exciting way to personalize your space, improve functionality, and—if done strategically—increase your home’s market value. But with so many options on the table, it’s essential to focus on renovations that not only look great, but also deliver a high return on investment (ROI) when it comes time to sell.

Below, we’ve broken down the top 5 renovations that consistently add value, supported by recent data from the 2023 Remodeling Cost vs. Value Report, NAR surveys, and industry insights. If you’re investing in your home, this is where to start.


1. Minor Kitchen Remodel

📈 Average ROI: 72.2% nationally | Up to 85% in the South

A full kitchen overhaul can easily run $70K–$150K+, but a minor remodel can deliver major impact—without draining your budget. The focus here is cosmetic and functional updates, not moving walls or reconfiguring layouts.

🔧 Best updates for ROI:

  • Reface or paint cabinets

  • Replace cabinet hardware with modern finishes

  • Update laminate countertops to quartz or granite

  • Install energy-efficient stainless appliances

  • Upgrade the faucet and sink basin

  • Refresh lighting (pendants, under-cabinet, recessed)

💬 Why it works: Kitchens are where buyers envision themselves spending time. Clean, functional spaces that feel updated—without going overly custom—have mass appeal and generate faster, higher offers.


2. Bathroom Remodel or Refresh

📈 Average ROI: 66.7% for midrange remodel | 57% for upscale remodel

Bathrooms are the second most scrutinized space after kitchens. Whether it’s your guest bath or primary suite, a well-done bathroom renovation can help your home stand out—especially in competitive markets.

🔧 Best updates for ROI:

  • Install dual vanities in primary baths

  • Upgrade to a frameless glass shower or deep soaking tub

  • Replace dated tile with modern porcelain or ceramic

  • Swap in statement lighting and stylish mirrors

  • Improve storage with niche shelving or vanity drawers

  • Use marble-look quartz or granite countertops

💬 Why it works: Buyers want bathrooms that feel like a spa, not a DIY experiment. Clean lines, neutral colors, and high-end finishes create a sense of everyday luxury that sells.


3. Curb Appeal & Exterior Upgrades

📈 ROI varies by project:

  • Garage door replacement: 102.7%

  • Stone veneer accents: 91.4%

  • New front door (steel): 100.9%

  • Landscaping improvements: Up to 238% ROI (according to the American Society of Landscape Architects)

A home’s first impression starts at the curb, and exterior improvements consistently rank as the highest ROI projects. These updates instantly elevate your home’s look and often require less time and money than interior renovations.

🔧 Best upgrades for exterior ROI:

  • Replace an outdated garage or front door

  • Add stone veneer or wood trim accents

  • Install or update landscape lighting

  • Power wash, mulch, and re-edge beds

  • Upgrade walkways or patios with pavers or stamped concrete

  • Repaint or refresh exterior trim, shutters, or siding

💬 Why it works: Buyers form an opinion within the first 10 seconds. Even if the interior is stunning, if the exterior lacks polish, you could lose a showing—or worse, an offer.


4. New or Upgraded Flooring

📈 Average ROI: 70%–80%

Flooring is one of the few updates that affects every square foot of your home. If your carpet is worn, tile is cracked, or wood is dated, upgrading to a clean, cohesive, durable surface can make the entire home feel newer and more high-end.

🔧 Best flooring choices:

  • Luxury vinyl plank (LVP): Waterproof, durable, and trendy

  • Engineered hardwood: Timeless and versatile

  • Large-format tile: Great for modern kitchens and baths

  • Refinishing existing hardwoods: Often more affordable than replacing

💬 Why it works: According to NAR’s 2022 Remodeling Impact Report, new flooring is one of the top “joy score” improvements, meaning it not only increases value but also boosts daily homeowner satisfaction.


5. Energy Efficiency Upgrades

📈 ROI: Varies, but buyers increasingly seek energy-smart homes

Today’s buyers—especially Millennials and Gen Z—are prioritizing energy-efficient homes more than ever. According to Zillow, homes with energy-efficient features sell for 2%–5% more and often spend less time on market.

🔧 Popular energy upgrades:

  • Smart thermostats (like Nest or Ecobee)

  • Low-E windows or double-pane replacements

  • Tankless water heaters

  • LED lighting throughout the home

  • Improved attic insulation (ROI: 100%+)

  • Solar-ready wiring or panels

💬 Why it works: Energy-efficient homes lower monthly bills and align with eco-conscious values—making them more attractive and future-ready.


🔍 Bonus Tip: Avoid Over-Renovating

One of the most common mistakes sellers make is over-improving for the neighborhood. Always compare your upgrade budget to local home values and market comps. If you're adding $100K in upgrades to a $400K neighborhood, you may not see the full return when it’s time to sell.

Work with a local expert (that’s me!) who can help you balance smart upgrades with long-term ROI.


Final Thoughts

When renovating, it’s not just about what looks good—it's about what adds real value. The best renovations improve livability, attract more buyers, and help your home stand out in the market.

If you're thinking about updating your home and want guidance on where to start, I’d be happy to provide a personalized walk-through or market analysis.

📲 Let’s talk strategy—before you pick up the hammer. realtor, best agent, real estate, Southlake, Keller, Haslet, home buyer, home seller, home value, Trophy Club, Fort Worth, new home, house, home selling, seller tips, 4wheeltorhomes, 4wheeltor, Crystal Zschirnt, Westlake, Roanoke, Justin, Northlake, Flower Mound, Argyle, Texas

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#DFWRealEstate #DFWRedfin #DFWEliteRealty #DFWHomes #4wheeltor #4wheeltorhomes #EliteRealtyGroup More at 4wheeltorhomes.com

Thinking of Buying a Fixer?

Top 5 Things to Consider When Buying a Fixer-Upper (Before You Fall in Love with the Potential)

Buying a fixer-upper can be a dream deal or a money pit—and the difference usually comes down to doing your homework upfront. For many buyers, the appeal is undeniable: below-market pricing, the freedom to design your dream home, and the opportunity to build equity quickly. But before you break out the paint samples and Pinterest boards, here are the top 5 things you need to consider before buying a fixer-upper.

1. Your Renovation Budget – Not Just the Purchase Price

The lower price tag of a fixer-upper can be tempting, but don’t forget to factor in renovation costs. According to HomeAdvisor, the average cost to renovate a home in 2024 is $15–$60 per square foot, depending on the scope and materials. That means a 2,000 sq ft fixer-upper could cost anywhere from $30,000 to $120,000 to remodel.

Ask yourself:
Do I have a renovation budget on top of my down payment and closing costs?
Am I prepared for potential surprise expenses like electrical, roofing, or foundation issues?

💡 Pro Tip: Always build in a 10–20% buffer for unexpected costs.

2. The Home’s Structural Integrity

Cosmetic upgrades are easy fixes. But major structural problems? That’s where things get costly. A sagging foundation, outdated wiring, or plumbing issues can quickly eat up your budget and timeline.

Before making an offer, invest in:
🔎 A full home inspection
⚙️ A separate foundation or structural engineer report if needed
An evaluation of electrical, HVAC, and plumbing systems

💬 According to the National Association of Realtors (NAR), structural repairs can account for up to 30–50% of a total rehab budget when issues are found.

3. Your Timeline and Lifestyle

Renovations take time—and sometimes, more time than you expect. Are you okay living in a construction zone? Do you have somewhere else to stay during heavy renovations?

⏱️ On average, a whole-home remodel takes 4–8 months, and that doesn’t include permit delays or material shortages.

If you're on a strict timeline—like relocating for a job, having a baby, or starting school—a move-in ready home might be a better fit.

4. Local Comparables (aka: Don't Over-Renovate)

It’s easy to fall in love with design trends and high-end finishes, but remember—your home's value will ultimately be determined by the neighborhood. Check local comps (comparable sales) to avoid over-improving for the area.

📊 Example: If homes in the area top out at $400K, and your fixer-upper will cost $300K to buy + $150K to renovate, you may struggle to recoup your investment when it’s time to sell.

💡 Work with a real estate agent who understands local values and can run a CMA (Comparative Market Analysis) before you commit.

5. Renovation Loans or Financing Options

If your fixer-upper dreams are bigger than your savings account, don’t worry—there are financing tools specifically for renovation buyers.

💰 Popular Options Include:

  • FHA 203(k) Loans – One mortgage that covers purchase + renovation
  • Fannie Mae HomeStyle Loans – Allows up to 75% of the home's future appraised value for renovations
  • HELOC (Home Equity Line of Credit) – For buyers with existing home equity looking to fund repairs

💬 Pro Tip: These loans often require contractor bids and extra paperwork, so make sure you have a trusted lender who’s experienced in renovation financing.

Final Thoughts

Buying a fixer-upper can be a smart investment if you're realistic, well-prepared, and working with the right team. The key is balancing potential with practicality. If you're open to getting your hands dirty and making decisions with both your heart and your calculator, you could end up with your dream home—and some serious equity.

📲 Ready to explore fixer-upper opportunities in your area? I’d love to help you find the perfect diamond in the rough and guide you every step of the way! realtor, best agent, real estate, Southlake, Keller, Haslet, home buyer, home seller, home value, Trophy Club, Fort Worth, new home, house, home selling, seller tips, 4wheeltorhomes, 4wheeltor, Crystal Zschirnt, Westlake, Roanoke, Justin, Northlake, Flower Mound, Argyle, Texas

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𝗖𝗿𝘆𝘀𝘁𝗮𝗹 𝗭𝘀𝗰𝗵𝗶𝗿𝗻𝘁 | Premier REALTOR® | 𝟴𝟭𝟳-𝟴𝟳𝟰-𝟳𝟲𝟳𝟳 | 𝗖𝗭@𝗥𝗲𝗱𝗳𝗶𝗻.𝗰𝗼𝗺

#DFWRealEstate #DFWRedfin #DFWEliteRealty #DFWHomes #4wheeltor #4wheeltorhomes #EliteRealtyGroup More at 4wheeltorhomes.com

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