Best ROI Home Improvements for Your Home

When it comes to home improvement, not all projects are created equal. While many renovations can enhance the look and feel of your home, only a select few offer a significant return on investment (ROI) when it’s time to sell. Understanding which upgrades provide the best ROI ensures that your money is well spent, whether you’re preparing to list your property or simply want to increase its long-term value.

This guide highlights the top home improvements that deliver high returns, helping you prioritize your budget and efforts effectively.

The kitchen is often considered the heart of the home, making it a key area for potential buyers. A well-executed kitchen remodel can yield a strong ROI, particularly if you focus on functional and aesthetic upgrades.

• Cabinet Refinishing or Replacement: Update cabinets with a fresh coat of paint, new hardware, or full replacement if necessary.
• Countertop Upgrades: Install durable, attractive materials like quartz or granite.
• Modern Appliances: Energy-efficient stainless steel appliances are highly appealing.
• Lighting: Add under-cabinet lighting or pendant lights to enhance the space.

A minor kitchen remodel can recoup up to 70–80% of its cost, while more extensive renovations may still provide strong returns if done thoughtfully. Paint, hardware and lighting can go a really long way without stretching the budget too much.

Bathrooms are another area where smart updates can add significant value. Buyers look for clean, modern, and functional spaces, so focusing on these aspects can deliver a high ROI.

• Fixtures and Faucets: Upgrade to sleek, water-efficient options.
• Vanity Replacement: Opt for a stylish vanity with ample storage.
• Shower and Tub Enhancements: Consider installing a walk-in shower or updating the tile work.
• Flooring: Replace old flooring with durable, water-resistant materials like porcelain tile.

A mid-range bathroom remodel often recoups around 60–70% of its cost, making it a solid investment.

First impressions matter, and the exterior of your home sets the tone for prospective buyers. Enhancing curb appeal is one of the most cost-effective ways to increase your home’s value.

• Landscaping: Add fresh mulch, trim bushes, plant colorful flowers, and install landscape lighting.
• Exterior Paint or Siding: A fresh coat of paint or updated siding can transform the look of your home.
• Front Door Replacement: A stylish, energy-efficient front door can recoup up to 90% of its cost.
• Garage Door Upgrade: Modern garage doors are both functional and visually appealing, offering a high ROI.

Curb appeal projects typically yield returns of 70–100%, depending on the scope of the work.

Energy efficiency is a growing priority for buyers, as it translates into long-term savings and sustainability. Investing in eco-friendly upgrades can boost your home’s value while reducing utility costs.

• Insulation: Improve attic or wall insulation to increase energy efficiency.
• Windows: Replace single-pane windows with double-pane, energy-efficient models.
• HVAC Systems: Upgrade to a modern, energy-efficient heating and cooling system.
• Solar Panels: While costly upfront, solar panels can be a strong selling point in eco-conscious markets.

For our local Greenville, SC market, HVAC upgrades tend to provide the highest return on investment. These improvements not only enhance energy efficiency but also appeal to buyers looking for modern, reliable systems.

Windows, while beautiful and functional, typically do not offer the same level of return we’d expect to see from an appraisal perspective. Their value lies more in aesthetics and energy efficiency than in direct financial ROI.

As for solar panels, the return can vary significantly depending on factors such as the age of the roof, the age and condition of the panels, and the reputation of the company that manufactures and manages them. Solar panels can be a great selling point for some buyers, but they can also raise questions or concerns, so it’s essential to evaluate carefully.

Before making any significant and costly upgrades, we highly recommend consulting with your Realtor. They can provide personalized advice based on your home, goals, and the current market trends to ensure you’re making the best decisions for your situation.

Energy-efficient improvements can yield returns of 60–90%, depending on the local market and buyer preferences.

Flooring is a foundational element of any home, and outdated or damaged flooring can be a major turnoff for buyers. Modern, durable flooring materials not only enhance aesthetics but also increase your home’s value.

• Hardwood Floors: Refinishing existing hardwood or installing new hardwood can recoup up to 80% of the cost.
• Luxury Vinyl Plank (LVP): This cost-effective, water-resistant option is growing in popularity.
• Tile Floors: Ideal for bathrooms, kitchens, and entryways, tile adds a polished look.

Quality flooring upgrades provide a noticeable boost to your home’s appeal and resale value.

Transforming an unfinished basement into a functional living space is an excellent way to increase your home’s usable square footage and overall value.

• Open Layouts: Create flexible spaces for entertainment, home offices, or guest accommodations.
• Lighting: Add recessed lighting and maximize natural light with egress windows.
• Insulation and Flooring: Ensure the space is well-insulated and choose durable, moisture-resistant flooring.
• Additional Bathroom: Installing a bathroom in the basement can significantly boost ROI.

In Greenville, SC, basements are relatively rare, which makes a properly finished and waterproofed basement a valuable asset. However, before undertaking this project, it’s important to consider factors such as ceiling heights, egress and ingress points, and the amount of natural light from windows. These elements can significantly impact an appraiser’s valuation, potentially leading to the finished space being valued lower than your main floor square footage.

The last thing you want is to invest in finishing your basement only to overspend and limit your ability to recoup the costs due to appraiser restrictions on ceiling heights or window requirements.

Kiersten Bell + Co has a large list of local builder and remodeling contractors that you can interview.  Just reach out to us for more information.

To ensure your project aligns with market expectations, we recommend consulting a local Realtor professional. They can help you evaluate your neighborhood’s trends, set realistic budget expectations, and determine the potential return on investment, ensuring your project maximizes its value in today’s market.

Basement finishing projects can recoup 70–75% of their cost, making them a worthwhile investment.

As more homeowners seek to enhance their connection to nature, outdoor living spaces have become a highly desirable feature. These spaces extend your home’s usable area and create opportunities for relaxation and entertainment.

• Deck or Patio: Adding a deck or patio can provide an ROI of 65–75%.
• Outdoor Kitchens: Install a built-in grill, countertops, and seating areas for a luxurious touch.
• Fire Pits: A fire pit adds ambiance and functionality to any outdoor area.
• Landscaping Enhancements: Include features like pergolas, water features, or native plants to elevate the space.

Well-designed outdoor living areas not only enhance your enjoyment of your home but also increase its resale potential. Here in the Greenville, SC market, outdoor spaces are highly valued, especially given the moderate weather we enjoy for much of the year.

For inspiration and professional guidance, Realtor Kiersten Bell highly recommends Jeff Hensley with The Great Outdoors Landscaping. Jeff recently transformed her own outdoor living space, and his expertise could help you create a space that perfectly complements your home. A local consultation with Jeff might be just what you need to bring your vision to life!

Smart home technology is a growing trend in real estate, appealing to tech-savvy buyers who value convenience and security.

• Smart Thermostats: Energy-efficient devices like Nest or Ecobee offer cost savings and easy control.
• Home Security Systems: Cameras, smart locks, and alarm systems add peace of mind.
• Automated Lighting: Smart lighting systems allow customization and energy efficiency.
• Voice-Controlled Devices: Integrate voice-activated systems like Amazon Alexa or Google Home.

Smart home upgrades are relatively low-cost but add modern appeal, especially in competitive markets.

A fresh coat of paint and minor cosmetic updates can have a dramatic impact on your home’s appearance, both inside and out.

• Neutral Interior Paint: Choose light, neutral colors to create a fresh and inviting atmosphere.
• Updated Hardware: Replace outdated cabinet knobs, light fixtures, and faucets.
• Crown Molding: Add architectural interest with crown molding or wainscoting.

Local Greenville, SC companies like ProSource Supply, Ferguson, and Gateway Supply are wonderful retail shops with designers on hand that will help you make all decisions if you wish as well as provide installers if that’s not your jam.

Cosmetic updates are among the most cost-effective improvements, offering an ROI of 50–75%.

Investing in the right home improvements can significantly enhance your property’s value and appeal, whether you’re planning to sell soon or want to enjoy the upgrades yourself. By focusing on high-ROI projects like kitchen and bathroom remodels, energy-efficient upgrades, and outdoor living spaces, you can maximize your return while creating a home that meets your needs.

For those considering making Greenville their home, reaching out to Kiersten Bell + Co is an excellent first step. Explore homes for sale in Greenville with Kiersten Bell and become a part of this vibrant community.