Top Renovations That Boost Your Home’s Value in 2024
When it comes to selling your home, first impressions matter. In today’s real estate market, top renovations can significantly boost your property’s value. Whether you're sprucing up a Londonderry house for sale or enhancing a cozy home in Southern NH, the right upgrades make all the difference.
But which renovations offer the best return on investment (ROI) in 2024? Let’s dive into the most impactful projects and how they can benefit you.
Why Renovating Your Home Is Worth It
Renovations do more than make your home look good—they increase its appeal to buyers and improve functionality. In New Hampshire, where charm meets practicality, buyers are looking for homes that are move-in ready.
Investing in the right upgrades can:
Attract more buyers.
Increase your home's listing price.
Speed up the selling process.
With this in mind, here are the top renovations for adding value in 2024.
Kitchen Remodels: The Heart of the Home
A kitchen upgrade is one of the most popular renovations. Buyers love updated kitchens because they spend so much time there.
Must-Have Kitchen Upgrades:
Energy-efficient appliances: Save money and appeal to eco-conscious buyers.
Quartz countertops: Durable, stylish, and highly sought-after.
Modern cabinetry: Adds a sleek, contemporary look.
Even minor kitchen updates, like replacing cabinet hardware or adding a fresh coat of paint, can make a big difference.
Bathroom Updates: Small Spaces, Big Impact
Bathrooms are another key area for renovations. Updated bathrooms signal cleanliness, luxury, and attention to detail.
Popular Bathroom Upgrades:
Walk-in showers: Modern and practical for all ages.
New vanities: Stylish designs with ample storage are a hit.
Heated floors: A small touch that adds major comfort.
Buyers are drawn to homes with spa-like bathrooms. If your home has older fixtures, consider replacing them to stay competitive.
Outdoor Living Spaces: Extend the Fun
Outdoor areas are becoming more important to buyers. Patios, decks, and gardens offer additional space for relaxation and entertainment.
Key Outdoor Renovations:
Composite decking: Durable and low-maintenance, perfect for New England weather.
Outdoor kitchens: A growing trend for backyard fun.
Landscaping: Curb appeal starts with a well-maintained yard.
In Southern NH, where nature is a big draw, outdoor upgrades can set your home apart.
Energy-Efficient Upgrades: Save Money and the Planet
Buyers today are focused on sustainability. Energy-efficient homes sell faster and often at higher prices.
Smart Energy Upgrades:
Solar panels: Lower utility bills and attract eco-conscious buyers.
Insulation: Keeps homes comfortable year-round while reducing energy costs.
Energy-efficient windows: Improve aesthetics and save money.
These upgrades also come with potential tax incentives, making them a win-win for homeowners.
Open Floor Plans: Modern Living at Its Best
Open layouts are still in demand for their airy and connected feel. If your home has small, closed-off rooms, consider removing non-structural walls.
Benefits of Open Layouts:
More natural light.
Easier entertaining.
A spacious, modern vibe.
Homes with open floor plans appeal to younger buyers and families alike.
Finished Basements: Extra Living Space
Finished basements offer incredible versatility. They can become game rooms, home offices, or in-law suites.
Basement Upgrades to Consider:
Egress windows: Add light and meet safety requirements.
Waterproofing: Protect your investment.
Durable flooring: Vinyl or tile works well in below-grade spaces.
In Londonderry houses for sale, finished basements often add substantial value.
Smart Home Technology: Convenience Buyers Love
Smart homes are no longer a luxury—they’re an expectation for many buyers. Adding tech features makes your home stand out.
Top Smart Tech Additions:
Programmable thermostats: Save energy and money.
Smart locks: Enhance security and convenience.
Voice-controlled lighting: Wow factor for potential buyers.
These upgrades are relatively inexpensive and easy to install, yet they deliver significant appeal.
Painting: A Simple Yet Powerful Upgrade
Fresh paint is one of the easiest ways to transform your home. It’s cost-effective and has a major impact on buyers.
Painting Tips:
Neutral colors: Appeal to a wide range of tastes.
Accent walls: Add personality without overwhelming the space.
Exterior touch-ups: Boost curb appeal instantly.
Buyers often notice paint quality, so use professional-grade products for the best results.
Roof and Siding: Protect and Impress
A sturdy roof and attractive siding are essential. These updates improve both the look and functionality of your home.
Roofing and Siding Upgrades:
Metal roofs: Durable and energy-efficient.
Vinyl siding: Affordable and easy to maintain.
Fiber cement: High-end look with excellent durability.
Buyers appreciate homes that don’t require major exterior repairs.
Curb Appeal: First Impressions Count
Your home's exterior is the first thing buyers see. A welcoming look can make them fall in love before stepping inside.
Boost Your Curb Appeal:
New front doors: Stylish and secure.
Updated lighting: Highlight pathways and entryways.
Fresh landscaping: Add seasonal flowers or shrubs.
In Southern NH, where homes often showcase charming exteriors, curb appeal matters more than ever.
The ROI of Renovations in 2024
Not all renovations are created equal. Some projects offer a higher ROI than others.
Top ROI Renovations:
Minor kitchen remodels.
Bathroom updates.
Curb appeal enhancements.
If you're preparing to list your home, focus on these areas for maximum impact.
How REALTORS® Help With Renovations
As a REALTOR® in NH, understanding renovation trends can help you guide clients effectively. Highlighting upgrades like smart home tech or finished basements makes listings more attractive.
For Londonderry houses for sale, emphasize features like energy efficiency or outdoor spaces. Buyers in Southern NH value these upgrades, and showcasing them can lead to faster sales at higher prices.
Top Renovations That Boost Your Home’s Value in 2024
In 2024, renovations are more important than ever for boosting your home's value. Whether you're updating a kitchen or improving curb appeal, the right projects pay off.
Thinking about selling? Let’s discuss which top renovations can make your NH home stand out in today’s market.
If you need more info on the top renovations or are ready to sell your house give us a call at (603) 883-8840. You can also sign up for your dream home search or reach out to Our Agents for more information. We’d love to help you with your real estate needs.