When it comes to home improvements, many people immediately think of kitchen remodels, bathroom renovations, or adding a new deck. While these projects can certainly boost a home’s appeal and value, some of the most impactful upgrades are often overlooked. In this Redfin real estate guide, we will shine a spotlight on the most underrated home upgrades that consistently add big value.
1. Energy-Efficient Windows
Replacing old, drafty windows with energy-efficient ones may not be the most glamorous home upgrade, but it can have a significant impact on both your home’s value and your energy bills. According to the National Association of Realtors, homeowners can recoup an average of 80% of the cost of installing energy-efficient windows when they sell their home. Not only do these windows improve the overall appearance of your home, but they also provide better insulation, which can lead to lower heating and cooling costs.
2. Landscaping
Curb appeal is crucial when it comes to selling a home, and landscaping is a key factor in creating a good first impression. A well-maintained lawn, trimmed hedges, and colorful flowers can make a significant difference in the overall appearance of your home. In fact, a study by the National Association of Realtors found that landscaping can add up to 10% to a home’s value. So, don’t underestimate the power of a beautiful and well-maintained yard.
3. Smart Home Technology
In today’s digital age, more and more homebuyers are looking for homes with smart technology features. These can include smart thermostats, security systems, lighting, and even voice-controlled assistants. Not only do these upgrades make your home more convenient and comfortable, but they can also increase its value. According to a survey by Coldwell Banker, 71% of homebuyers said they would be willing to pay more for a home with smart technology features.
4. Garage Door Replacement
Replacing your garage door may not seem like a significant upgrade, but it can have a big impact on your home’s value. In fact, according to Remodeling Magazine’s Cost vs. Value report, a new garage door has one of the highest returns on investment for home improvements, with an average of 97.5% recouped. A new garage door not only improves the appearance of your home, but it also provides better security and energy efficiency.
5. Basement Remodel
Many homeowners overlook their basement when it comes to home upgrades, but finishing this space can add significant value to your home. A finished basement can serve as an extra living space, a home office, or even a rental unit. According to Remodeling Magazine, a basement remodel can have an average return on investment of 70%. So, don’t let this valuable space go to waste.
6. Updated Lighting
Lighting can have a huge impact on the overall look and feel of your home. Outdated or inadequate lighting can make a space feel dark and uninviting, while updated lighting can make it feel bright and welcoming. Consider replacing old light fixtures with more modern and energy-efficient options. You can also add task lighting in key areas, such as the kitchen and bathroom, to make these spaces more functional and appealing.
7. Fresh Paint
A fresh coat of paint is one of the most cost-effective ways to give your home a facelift. Not only does it make your home look clean and well-maintained, but it can also make it feel more modern and updated. When choosing paint colors, stick to neutral tones that appeal to a wide range of buyers. This will make it easier to sell your home in the future.
8. Updated Kitchen Appliances
While a full kitchen remodel can be expensive, updating your appliances can have a big impact on your home’s value. According to a survey by the National Association of Home Builders, 69% of homebuyers said that having energy-efficient appliances in the kitchen was essential. So, consider investing in new, energy-efficient appliances to make your kitchen more attractive to potential buyers.
9. Bathroom Upgrades
Bathrooms are one of the most important rooms in a home, and upgrading them can significantly increase your home’s value. Simple upgrades like replacing old fixtures, adding a new vanity, or installing a new shower can make a big difference. You can also consider adding a second bathroom if your home only has one. This can be a major selling point for potential
