Home Upgrades That Increase Value
Even if you’re not planning to move anytime soon, it’s wise to be intentional about the home projects you pursue. Your time, money, and effort are valuable—and not every upgrade delivers the return you might anticipate. As U.S. News Real Estate points out:
". . . not every home renovation project will increase the resale value of a home. Before you invest in a swimming pool or new addition, you should consider whether the project will pay itself off by getting prospective buyers in the door when it’s time to sell."
That’s why your first move—before grabbing a power tool or hiring a contractor—should be to connect with a local Benson & Mangold agent.
Smart Planning Brings Big Returns
If a move is on the horizon, it’s wise to get ahead on your to-do list. And even if you’re not planning to relocate just yet, life has a way of shifting—whether it’s a new job, an expanding family, or changing priorities. Being prepared now can save you from scrambling later if your timeline speeds up.
Invest in smart upgrades now for less stress down the road
Planning ahead lets you pace the work, easing the strain on both your budget and your stress. Plus, you’ll get to enjoy the improvements while you’re still in the home and feel confident that it’s ready to shine when it’s time to sell.
What Attracts Buyers (and Which Updates Actually Pay Off)
Unsure which projects are worth your time and investment? Here’s some insight to guide you. A study from the National Association of Realtors (NAR) reveals which upgrades typically offer the best return on investment (ROI) (see graph below):
If an update you’re already considering aligns with these high-ROI upgrades, that’s even better. It’s likely to enhance your quality of life now while boosting your home’s value down the line.
However, don't treat this list as absolute. It's based on national data, and preferences can vary depending on what’s in demand in your area. That’s where your agent can help. As an article from Ramsey Solutions points out:
“The best way to gauge what you can expect in terms of resale value on home improvements—especially if you’re planning to sell soon—is to talk to a real estate agent who is an expert in your market. They’re sure to know the local trends, and they can show you how other homes with the features you want to add are selling. That way, you can make an educated decision before you start ordering lumber and knocking down walls.”
Just be careful not to go overboard. Too many high-end updates can push your home to be the most expensive in the neighborhood. While that might seem appealing, it could actually deter buyers if it exceeds the typical price range for the area. A skilled agent will guide you in making smart updates that appeal to buyers without overdoing it.
No matter the size of the project, being strategic is important—and an agent is a crucial part of that strategy.
The Takeaway
Whether you're planning to move soon or not, making strategic updates can still be worthwhile—helping you enjoy your home now and ensuring it stands out when the time comes.
Is there an upgrade you've been considering and wondering if it's worth the investment? Reach out to a Benson & Mangold agent to ensure it delivers a good return when the time is right.
