6 Home Improvements with the Highest ROI

Return on investment (ROI) is a critical factor when evaluating potential home renovations. Not all upgrades offer equal value, and some improvements recoup more of their cost upon resale. For homeowners looking to increase the marketability of their property, choosing renovations with strong ROI is key. Strategic updates can not only make a home more appealing but also increase its resale price — especially important in competitive markets like Asheville, NC.

Whether preparing to list or planning long-term upgrades, understanding which home improvements offer the best return can help maximize profitability.

Kitchen renovations consistently rank at the top of high-ROI home improvements. Buyers pay attention to this space, and even minor updates can significantly enhance a home’s appeal.

Minor Kitchen Remodels: Rather than a full overhaul, a minor remodel might include updating cabinet fronts, replacing hardware, installing new countertops, and upgrading appliances. This approach often recoups over 70% of its cost.

Major Remodels: Full-scale remodels can include reconfiguring the layout, custom cabinetry, and high-end appliances. While more costly, these improvements can be worthwhile in higher-end markets and for homes competing at a luxury level.

A well-designed kitchen can elevate the feel of an entire home, attracting buyers who prioritize functionality and aesthetics.

Bathrooms are another key area where improvements can yield a solid return. Like kitchens, bathroom upgrades don’t always require a full renovation to be effective.

Midrange Bathroom Remodel: This might involve replacing fixtures, installing new tile, updating lighting, and improving storage. These projects often recoup around 60%–70% of their cost.

Additions or Expansions: Adding a second bathroom or expanding an existing one can significantly increase appeal, particularly in older homes. For families or buyers seeking convenience, additional bathrooms are a major plus.

Modern, clean, and stylish bathrooms often make a strong impression during home tours.

The outside of a home is the first thing potential buyers see, and it sets expectations before they even walk through the door. Enhancing curb appeal is a smart, cost-effective way to improve a home’s value.

Entry Door Replacement: A steel or fiberglass entry door upgrade is one of the highest ROI improvements, often recovering more than 90% of its cost.

Garage Door Replacement: Replacing an outdated garage door enhances the home’s appearance and functionality and can offer up to 94% ROI.

Siding Replacement and Exterior Paint: New siding or fresh exterior paint modernizes the home’s look and improves energy efficiency. These updates show potential buyers the home is well-maintained.

In markets with increasing demand for homes for sale in Asheville, NC, strong curb appeal can help a property stand out immediately.

Modern buyers are increasingly interested in sustainability and energy efficiency. Making eco-friendly improvements can both lower utility bills and attract energy-conscious buyers.

Window Upgrades: Energy-efficient windows not only reduce heating and cooling costs but also improve comfort and noise reduction.

Insulation and Sealing: Proper insulation in attics and crawl spaces improves overall energy efficiency. Air sealing can also make a home more comfortable year-round.

Smart Thermostats and Home Automation: Tech-savvy buyers appreciate smart home features such as programmable thermostats, security systems, and lighting controls. These additions often come with minimal installation costs and add perceived value.

Energy-efficient improvements are especially appealing in areas with seasonal climate shifts, such as Asheville.

Flooring has a significant impact on the overall aesthetic and value of a home. Dated or damaged flooring can detract from even the most beautiful property, while updated flooring enhances flow and visual appeal.

Hardwood Flooring: Refinishing existing hardwoods or installing new hardwood flooring offers strong ROI. It’s a top feature on many buyer wish lists and can recover 70%–80% of its cost.

Luxury Vinyl Plank (LVP): LVP offers the look of wood with the durability of synthetic materials, making it a cost-effective and attractive choice.

Clean, cohesive flooring throughout the home creates a polished, move-in-ready feel that many buyers seek.

Homeowners are increasingly prioritizing outdoor living areas. These spaces extend the usable square footage and enhance the overall lifestyle appeal of a property.

Deck Additions: A wood deck addition can offer up to 70% ROI, especially when designed with quality materials and built-in features like seating or planters.

Patio Enhancements and Outdoor Kitchens: Custom patios, fire pits, and outdoor kitchens add luxury appeal and are especially attractive in regions with temperate weather.

Given Asheville’s natural surroundings and emphasis on outdoor living, these upgrades can be particularly effective for homes in the area.

Not every home improvement delivers the same ROI in every market. Local trends, buyer preferences, and regional pricing all influence how much value a renovation adds.

For those looking at homes for sale in Asheville, NC, combining aesthetic appeal with functional upgrades can significantly improve both selling speed and final price. Homes that offer move-in-ready conditions and updated features often receive more attention from motivated buyers.

Homeowners should consult with real estate professionals who understand the nuances of the Asheville market to prioritize improvements most likely to pay off.

Strategic renovations can make a significant difference in your home’s resale value and market appeal. Whether planning to list in the near future or simply investing in long-term value, understanding which improvements offer the highest ROI is key. For expert guidance tailored to the Asheville real estate market, reach out to Mark Fields Real Estate today.