What Home Improvements Have the Highest ROI?

Maximize Your Investment in the Chicago Real Estate Market with These High-Value Upgrades

Thinking about renovating before selling your home? Knowing which improvements provide the highest return on investment (ROI) is crucial—especially in a competitive market like Chicago real estate. Strategic updates can help you attract more buyers and command higher offers.

Let’s explore the top home improvements that consistently deliver the best ROI.

Garage Door Replacement: A Small Change with Big Impact

You might not expect it, but a new garage door consistently ranks at the top of ROI reports. According to the Remodeling 2024 Cost vs. Value Report, garage door replacements can yield over 102% ROI.

Why It Works:

• Boosts curb appeal instantly
  
  

• Enhances home security
  
  

• Improves energy efficiency with better insulation
  
  

Minor Kitchen Remodel: Budget-Friendly, Buyer-Approved

Kitchens continue to be a major selling point. A minor remodel—think cabinet refacing, new countertops, updated appliances—can bring in big returns without a full gut renovation.

The National Association of Realtors shows that even minor kitchen updates offer an ROI of 80% or more.

Kitchen ROI Boosters:

• Replacing cabinet doors or hardware
  
  

• Installing quartz or granite countertops
  
  

• Updating lighting and backsplash
  
  

Siding Replacement: Instant Exterior Upgrade

New siding transforms your home’s appearance and protects it from weather damage. According to Angi, new siding can deliver a return of up to 89%, especially with fiber cement options.

Popular Siding Materials:

• Vinyl
  
  

• Fiber cement (like James Hardie)
  
  

• Engineered wood
  
  

Energy-Efficient Windows: Save Money, Sell Faster

Homebuyers love energy savings. Replacing old windows with ENERGY STAR-rated options not only lowers utility bills but also improves comfort and aesthetics.

As per Energy.gov, efficient windows can significantly reduce heating and cooling costs—making them attractive to eco-conscious buyers.

Additional Energy-Saving Ideas:

• Smart thermostats
  
  

• Improved insulation
  
  

• Tankless water heaters
  
  

Bathroom Remodel: Refresh for a Strong Return

Bathrooms are a close second to kitchens in buyer scrutiny. A midrange bathroom renovation typically offers a 70% return, especially when paired with modern, low-maintenance fixtures and neutral design.

Easy Bathroom Upgrades:

• Walk-in showers or glass enclosures
  
  

• Dual vanities or floating sinks
  
  

• Water-saving toilets and faucets
  
  

Boost Value with Local Real Estate Knowledge

Every neighborhood in Chicago is different—and so is what sells. Working with local professionals can help you focus your improvements where they matter most.

• Ready to sell? Get a free home value report based on current market trends.
  
  

• Need to move quickly? Get a no-obligation cash offer and avoid the stress of traditional listings.
  
  

• Curious what buyers are loving? Explore featured listings in Chicago for inspiration.
  
  

Visit our real estate blog for more ideas and expert tips.

Ready to Sell Your Chicago Home? Get a Free Market Analysis!

Selling your home can be a smooth process with the right strategy. We provide a free home value report and connect sellers with qualified buyers. Request your free market analysis at HeartOfChicagoHomes.com or call/text (312) 361-8288.