Which home renovations have the highest return on investment?

If you're thinking about making a home renovation, you probably want to make choices that satisfy both your own desires and those of prospective buyers—especially if you're considering selling your home in the next decade. While it's difficult to place a value on the satisfaction that a renovation brings you, we can help to make a decision that will bring you the greatest return on your investment when it comes to resale value. Here are the top five home renovations that will reap the greatest reward when it comes time to sell your home:

Attic Insulation

While most people think about aesthetics when it comes to home renovations, it's actually a utilitarian renovation that tops the list as having the highest return on investment. Adding fiberglass insulation to your attic has a return of 107%--and that's just when it comes to the costs recouped at sale. You'll see additional savings show up monthly in lower heating and cooling bills. Getting new insulation in your walls and for your windows will also help to reduce your monthly costs. 

Front door

First impressions count, and for your home that includes the door buyers walk through. The security and durability of steel entry doors has made them popular among homebuyers. They were recently ranked as having a 92% return on investment, with an average cost of $1,335.


Steel doors come in a multitude of styles and can be painted, and some even come with a wood grain for those seeking a more organic look and feel. 

Garage Door

Kitchen

 

Hardwood Flooring