Home Reno Projects with the Best Return

If you’re thinking about a home renovation project, read this post first!

Customizing a home to your tastes is one of the best things about home ownership. But before swinging that sledgehammer there are a few things you should know to make sure you get the best return on your reno investment. Check out a few insights from the National Association of Realtor's 2022 Remodeling Impact Report:  

Top 5 interior reno projects for max return on investment:

- Hardwood floor refinish: 147%
- New wood flooring: 118%
- Insulation upgrade: 100%
- Finish basement area: 86%
- Closet reno: 83%

Further down on the list:

- Bathroom reno: 71%
- Kitchen upgrade: 67%

Top 5 exterior projects for max ROI:
- Replace roof: 100%
- Garage door replacement: 100%
- Upgrade to fiber cement siding: 86%
- Vinyl siding replacement: 82%
- Vinyl windows: 67%

All of the renos on this list would be thumbs up from where we sit! Got another idea you’re mulling over? Reach out and let’s chat about how it may impact your home’s value. 

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