The Best ROI Home Improvements for Your Home

Gagliardo Group August 10, 2023

The Best ROI Home Improvements for Your Home

As a homeowner in River Forest, Illinois, you're located in an area that's rich in natural beauty and cultural attractions. With the perfect blend of urban charm and serene landscapes, it's no wonder savvy homeowners seek the best return on investment for improvement projects that complement their surroundings.

In this comprehensive guide, delve into various best return on investment home improvement tips tailored to boost your home's ROI. From energy-efficient upgrades to stunning outdoor enhancements, these are the secrets to transforming your living space into a valuable and captivating abode.

Modest bathroom renovation

In the world of home sales, kitchens and bathrooms often steal the limelight. However, a little-known secret is that minor bathroom remodels tend to offer the best return on investment. Before diving into extensive projects, consider focusing on a simple bathroom facelift.

To maintain a budget-friendly approach, avoid going down the rabbit hole of a full-blown renovation. Instead, concentrate on the key updates that make a significant difference. Replacing an old shower head with a rain shower attracts potential river forest home buyers like bees to honey. It's time to say goodbye to dated vanities – no one desires remnants of someone else's history in their new bathroom. Finally, brighten things up by refreshing the bathroom's lighting. Well-lit spaces appear inviting, fresh, and clean, which is precisely what buyers seek.

Garden redesign and development

Investing in exterior upgrades can yield significant returns, and landscaping is the top home improvement project for boosting your property's value. Curb appeal is crucial in attracting potential buyers, making a well-designed garden essential for creating a lasting first impression.

By refreshing your home's outdoor spaces, you instantly enhance its appeal and charm. Both front and backyards contribute to the overall image of your property, so it's vital to prioritize their appearance. Simple yet elegant landscaping designs tend to be the most effective, focusing on clean lines and well-maintained greenery.

Apart from elevating your home's visual allure, landscaping improves energy efficiency. For instance, strategically placed trees and shrubs can provide natural insulation, reducing heating and cooling costs. This eco-friendly aspect makes landscaping an even more attractive investment for homeowners.

Minor kitchen makeover

Embracing minor kitchen makeovers can significantly enhance your home's value. You'll achieve impressive results without needing major renovations by focusing on targeted upgrades.
 
  • Updating your cabinets. Rather than replacing them entirely, consider refinishing or repainting them for a modern look. Adding new hardware, such as handles and knobs, revitalizes your kitchen's appearance.
  • Painting the walls with a contemporary color or adding a stylish backsplash is a simple alteration that can breathe new life into your cooking space and make it more inviting.
  • Upgrading your lighting can also work wonders. Consider installing energy-efficient LED lights or under-cabinet illumination to enhance your kitchen's ambiance and functionality.
  • Replacing outdated countertops with durable, visually appealing materials like granite or quartz will elevate your kitchen's aesthetics and increase its feasibility.

Attic bedroom makeover

Transforming your attic into a functional living space offers numerous benefits, including a significant return on investment (ROI) compared to other River Forest real estate home improvement projects. The advantages of attic makeovers include:
 

Maximizing space and value

Converting an unused attic into a bedroom can greatly increase your home's value by expanding the available living space. On average, attic bedroom conversions cost around $39,200, but the potential return is an average of 93.5% ROI. This high return makes attic makeovers one of the most profitable home improvements you can undertake.
 

Designing your dream attic bedroom

Your new attic bedroom's design should be functional and aesthetically pleasing. Consider natural light, ventilation, and storage solutions to create a comfortable and inviting space. Additionally, consider incorporating features that blend seamlessly with the rest of your home's interior design.
 

Choosing the right materials

Selecting high-quality, durable materials for your attic makeover is essential for long-lasting results. Opt for energy-efficient insulation, sturdy flooring, and moisture-resistant wall materials to ensure your new living space remains comfortable and well-protected.

Revamping your entry door

Revamping your entry door offers a remarkable 90.7% ROI, with an average cost of $1,410 and a return of $1,280. Replacing your old door boosts curb appeal instantly, creating a lasting first impression on potential buyers.

Explore various door materials, such as steel, fiberglass, or wood, each providing durability and low maintenance. Consider energy-efficient features and insulation upgrades for improved thermal performance and reduced energy bills. An updated entry door significantly impacts your home's value, making it a must-have upgrade that catches the eye and enhances your property's worth.

Inviting deck, patio, and porch additions

Elevate your home's allure by adding a deck, patio, or porch. These outdoor spaces boost perceived value and expand usable living areas. With an average cost of $11,000 and a return of $10,000, you can expect a 90.3% ROI on your inviting addition.

Transform your yard into a welcoming oasis, creating the perfect selling point for potential buyers. These appealing extensions enhance your home's charm and offer a cozy spot for relaxation and entertainment, making them a wise investment in your property's future.

Basement remodel 

Basement remodeling has an exceptional 90.1% ROI. With an average cost of $51,000 and a return of $46,000, this project is a smart investment. Maximize your home's potential by converting your basement into a cozy, functional living area. This transformation increases resale value and enhances your home's appeal to prospective buyers.

Address common homeowner concerns such as dampness and poor lighting by consulting with skilled professionals. They'll help you navigate the renovation process smoothly, ensuring a satisfying outcome.

Change the windows

Revamp your home's appearance and boost its value by changing windows, the top choice for ROI home improvement. You will gain enhanced aesthetics inside and out with new, energy-efficient products that save up on utility bills.

Selecting the right type of windows is crucial for optimal ROI. Consider factors such as climate, insulation, and style when deciding. Consult professionals to ensure proper installation methods that maximize energy savings and durability.

Replacing old windows with energy-efficient ones improves your home's appearance and reduces energy costs. This smart investment yields an average cost of $9,700, a return of $8,700, and an impressive 89.6% ROI.

Seize the opportunity

Embarking on home renovations requires careful planning. Pinpointing cost-efficient enhancements ensures return on investment in home improvement projects. For additional guidance or inquiries about maximizing ROI for specific improvements, our team of experts is eager to assist. Reach out to the Gagliardo Group, and let's bring your dream home to life.




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