Home Upgrades That Pay for Themselves Over Time
Want upgrades that put money back into your pocket?
Homeowners everywhere want improvements that net substantial returns without costing thousands of dollars. Luckily, they do exist. Homeowners spent an estimated $603 billion on remodeling projects in 2024 alone!
That’s a lot of cash pouring into remodeling and renovation projects.
But here’s the question…
Do those home improvements actually pay for themselves?
Some yes. Others no. But how can you identify which projects are worthy of your time (and money) and which ones are purely cosmetic?
Let’s dig into it!
Which Home Improvements Pay For Themselves?
When done right, home improvements can generate strong returns. However, not all remodeling projects are created equal.
You have eye-catching projects that do little to increase your ROI, then you have boring projects that yield tremendous results.
It all comes down to one thing. Home improvements that give you your money back tend to fall into similar categories. They all increase curb appeal, add energy efficiency, and make buyers feel like the home has been well taken care of.
You’ll also notice that most projects that pay for themselves are exterior upgrades. Roofing, siding, entry doors, and energy-efficient windows are huge! The outside of your home is what buyers see before they even step foot onto your property.
Let that sink in.
A home with a new roof and stunning curb appeal is instantly more valuable than one that lacks these things. Simple.
Why Roof Replacement Tops the List
Installing a new roof may not be the most exciting home improvement. However, it is definitely one that will pay for itself.
In fact, roofing is one of the best home improvements you can make in terms of value and appeal. Not only did it receive a Joy Score of 10 from homeowners in the NAR survey, but buyers want it too.
37% of REALTORS would advise their clients to get a new roof before listing.
That’s right. Roofing is in the top three home projects REALTORS recommend before selling. (Take that kitchen remodel!)
Just remember, if you live in an area with plenty of rain or extreme temps (hello Pacific Northwest!) wear and tear can happen much faster. Find a reputable Roofing Contractor in Puyallup that offers same-day roof installation to get your roof done quickly and easily.
Replacing your roof doesn’t have to be a headache and guess what happens when you get it done quickly? Your home is protected sooner!
Reasons your new roof will pay for itself:
- Adds value to your home
- Saves you money on energy costs year-round
- Instills confidence in buyers
- May lower home insurance rates
Roof replacement is one of those silent home improvements. It’s not the first thing people notice but it does save you money on energy and maintenance costs while increasing home value.
Smart Exterior Home Improvements That Add Value
When it comes to home improvements that increase your ROI, you want to start outside.
According to the latest Cost vs. Value report, garage door replacement returned an amazing 194%! Homeowners that replace their garage doors get almost double what they spent back when it’s time to sell.
Now that’s a worthwhile home improvement.
Not far behind is steel entry door replacement which offers a ROI of 188%. Entry doors cost a couple thousand dollars but can make a major impact on curb appeal and home security.
If you’re looking to start on the exterior of your home, here are some home improvements that you’ll also get a great ROI on:
- Manufactured stone veneer
- Fiber cement siding
- Energy efficient windows
Beauty comes from the outside in. Your curb appeal makes a huge impression on buyers and returns you money when it’s time to sell. These are just a few home improvements that you’ll see earn you back every penny spent.
Worthwhile Interior Improvements
While your exterior home improvements will net you a higher percentage on your ROI, that doesn’t mean you shouldn’t tackle the inside of your home.
A minor kitchen remodel is one of the best ways to increase your home value. Disclaimer: Replace your roof first. A full kitchen remodel is not something you’ll see money from when it’s time to sell. However, refreshing your cabinets, changing out appliances, and switching up countertops can help you earn some serious dough.
Likewise, for bathrooms. You don’t need to renovate the bathroom from floor to ceiling but mid-range updates sure can help. Focus on updating the fixtures and finishes instead of jumping on all those luxury features.
One often forgotten home improvement:
Paint. You want to paint your entire home before listing. Yes, the whole thing.
Prioritizing Home Improvements That Pay for Themselves
Okay it can be easy to look at this list and want to tackle them all at once. Don’t do that.
Here’s a suggestion on where to start.
Circle back to increasing your home’s curb appeal. Replace your roofing/siding, update your entry ways, and make sure your home looks beautiful from the front door all the way to the backyard. These projects will not only profit you when it’s time to sell but make you happy while you live there too.
Next, work on projects that better your home’s everyday living. Things like kitchen and bathroom remodels come next because you’ll enjoy every meal and shower until you sell.
Home improvements that pay for themselves all follow a formula:
- They make your home beautiful on the outside
- They help save you money in the long run
- They ensure buyers your home is taken care of and ready to move in
If your home improvements check all those boxes then you can’t go wrong!
Bottom Line
Investing in your home doesn’t have to cost you an arm and a leg. There are plenty of home improvements that will pay for themselves if done correctly. Roof replacement, garage doors, and painting your entire home are just a few upgrades that prove to be beneficial both now and when you go to sell. They follow the simple formula mentioned above.
Make sure you’re upgrading the right areas of your home. There’s no need to renovate your kitchen if your roof is leaking!
Start with the exterior and work
