The Highest ROI Home Improvement Projects

Home renovations can be a great investment for homeowners, but which projects provide the best return on investment (ROI)? In this video, Brad with Home Love Construction discusses the top four projects that offer the highest ROI: kitchen remodels, master bathroom remodels, room additions, and outdoor living spaces.

According to Brad, a kitchen remodel is one of the best investments for homeowners, with a return of 50-60% on their investment. A kitchen is a significant selling feature for a home, and a poorly designed or outdated kitchen can lead to a discounted sales price. Upgrading your kitchen can significantly increase your home’s resale value.

Similarly, a master bathroom remodel can offer a wide range of returns, from 40-70%, depending on the upgrades and features added. An upgraded master bathroom with improved functionality and a modern look can significantly increase the value of your home, particularly for families with parents as decision-makers.

Next, Brad recommends room additions as a significant investment that can lead to recouping up to 125% of the investment. While some additions may recoup only 70% of the investment, some high-end additions can exceed the original investment, particularly in desirable neighborhoods like South Tampa or Palm Harbor.

Finally, Brad discusses outdoor living spaces, which may offer the lowest ROI of the four projects, with a return of 25-50% at best. Due to the specialized materials and features required, outdoor living projects tend to be more expensive and, thus, provide a lower ROI.

Overall, if you’re considering a home renovation, it’s important to consider the potential ROI. Brad’s tips can help homeowners understand the potential returns on investment for different projects and make informed decisions about which renovations to undertake.