What Home Improvements Increase Property Value Most?
Improving your home isn’t just about aesthetics—it’s also a smart financial move. Whether you're preparing to sell or investing in your future, knowing which renovations yield the highest returns can help you make better decisions. Here’s a breakdown of the top home improvements that increase property value, backed by data, trends, and expert recommendations.
1. Minor Kitchen Remodel
A minor kitchen renovation continues to be one of the highest-return projects, with an average ROI of 81% in 2024.
Best Upgrades: New cabinet fronts, energy-efficient appliances, updated countertops
Average Cost: $10,000–$25,000
2. Bathroom Refresh
Updating your bathroom with modern fixtures, fresh tile, and lighting can yield a 70–78% return on investment.
Quick Wins: Regrouting, new vanities, LED mirrors, water-efficient toilets
Pro Tip: Focus on neutral designs to appeal to more buyers.
3. Curb Appeal Enhancements
First impressions matter. Projects like landscaping, updated siding, and a new front door can greatly increase perceived value.
Popular Projects: Steel entry doors, fresh paint, native plant gardens
Average ROI: 60–75%
Energy-efficient upgrades can also reduce utility costs, making homes more attractive to buyers.
4. Finished Basements or Attics
Adding livable square footage remains one of the top ways to boost value—especially in urban areas like Chicago.
ROI Range: 65–75% depending on quality
Top Uses: Home office, guest suite, rental unit
5. Energy-Efficient Windows and Insulation
With rising energy prices, buyers increasingly prioritize efficiency. New windows, insulation, and HVAC systems not only boost comfort—they attract modern buyers.
Incentives: Check local rebates at EnergyStar.gov
Chicago Trend: Heat-blocking windows and spray foam insulation are hot in 2025
6. Smart Home Upgrades
Smart thermostats, security systems, lighting, and keyless entry systems enhance appeal, especially to millennial buyers.
Popular Brands: Nest, Ring, Ecobee, Yale
Average Cost: $500–$2,500
7. Hardwood Flooring
Buyers consistently rate hardwood flooring as a top feature. Refinishing existing floors or replacing carpet with hardwood offers a high ROI.
ROI: Up to 78% according to the National Association of Realtors
Selling Soon? Make Your Improvements Count
If you're planning to sell, targeted updates can make a big difference in your final sale price. Get a free home value estimate or cash offer to see what your home is worth before and after improvements.
Buying? Look for Move-In Ready Value
Searching for a home with upgraded features? Check out Chicago homes for sale with built-in value—from energy-efficient systems to modern finishes.
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.
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