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Surprising Home Improvement Projects with the Best ROI

10/10/2019

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When sellers are considering putting their home on the market, many often consider doing some updating. It's commonly thought that projects such as a bathroom renovation or kitchen upgrade have the best return on investment, but it turns out they can often lead sellers to lose money. 
Surprising Home Improvement Projects With The Best ROI
According to HomeLight, a real estate referral company that released a study on the best and worst ROIs for home renovation projects, kitchen and bathroom upgrades had an ROI of -0.08% and -1% respectively.

​The company noted that the average kitchen upgrade costs $23,140, but only increased a home's value by $23,122. A bathroom renovation costs an average of $10,284, but sellers only made bake $10,180 on their investment.  

The home projects with the best ROI turned out to be quite surprising and a lot less expensive than a kitchen or bathroom renovation. Take a look at the data below for the top three home improvement projects with the best ROI.

Home Projects With The Best ROI

Project
1. Deep Clean
2. Declutter
3. Lawn Care Service
Average Cost
$167
$486
$268
Value Increase
$1728
$2584
$943.36
ROI
935%
432%
352%

​To learn more about which home improvements have the best and worst ROI, check out the full study here. 
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