Home Projects That Boost Value

Home Projects That Boost Value

Whether a move is on your horizon or not, it’s wise to carefully choose which home improvements you take on. Your time, money, and energy are valuable – and not every upgrade will bring the return you might hope for. As U.S. News Real Estate puts it:

". . . not every home renovation project will increase the resale value of a home. Before you invest in a swimming pool or new addition, you should consider whether the project will pay itself off by getting prospective buyers in the door when it’s time to sell."

That’s why talking to a local real estate agent should be your first step before starting any home project.

Planning Ahead Pays Off

If moving soon is a possibility, it’s a good idea to start on your home improvement checklist now. Even if it’s not currently in the cards, life can shift quickly – whether due to a job change, growing family, or shifting goals. You don’t want to be caught off guard trying to prep your home in a hurry.

Smart updates now = fewer headaches later.

Planning early allows you to spread out the work and cost, reducing stress and financial strain. Plus, you’ll get to enjoy the improvements while you still live there – and know your home will shine when it’s time to sell.

What Buyers Want (and What’s Actually Worth Doing)

Not sure which improvements are worth it? Here’s a helpful starting point: A National Association of Realtors (NAR) study outlines the upgrades that tend to deliver the strongest return on investment (ROI) (see graph below):

If the project you’re considering aligns with those high-ROI improvements, that’s a win. It can enhance your day-to-day living and boost your home’s value in the long run.

Still, don’t treat that list as a one-size-fits-all rule. It’s based on national trends and may not reflect what buyers in your local market are actually looking for. That’s where your real estate agent becomes essential. As Ramsey Solutions puts it:

“The best way to gauge what you can expect in terms of resale value on home improvements—especially if you’re planning to sell soon—is to talk to a real estate agent who is an expert in your market. They’re sure to know the local trends, and they can show you how other homes with the features you want to add are selling. That way, you can make an educated decision before you start ordering lumber and knocking down walls.”

Also, be careful not to over-upgrade. Overdoing high-end improvements can push your home’s price point above what buyers expect in your neighborhood – and that could work against you. A trusted agent will guide you toward updates that appeal to buyers without overcapitalizing.

Whether the improvement is large or small, planning smartly makes a difference. And working with a knowledgeable agent is a smart part of that plan.

Bottom Line

Even if you’re not planning to move anytime soon, it’s still a smart move to focus on strategic upgrades that make your home more enjoyable now and more appealing later.

What’s one project you’ve been considering? Let’s make sure it’s worth it when it’s time to sell.