Spring is just around the corner, and that means home renovation season is about to kick into high gear. Many homeowners use the warmer months to refresh their living spaces, create their dream home or tackle projects they’ve been putting off. Whether it’s a long-awaited kitchen upgrade, a bathroom remodel or an expansion for additional space, both large and smaller projects can make your home more enjoyable for everyday life.
Some upgrades also deliver a strong return on investment by adding real value. Certain renovations, like adding a garage or fireplace, can make your home more appealing to future buyers – and increase its market price. But which projects make the largest impact? Here are the home features that add the most value during a remodel.
Bathrooms Move the Needle. While adding bedrooms can increase a home’s value, the number of bathrooms actually matters more. According to NAHB analysis, each additional full bathroom can raise a home’s value by roughly 32%, compared to just 5% for each additional bedroom. Even a half-bathroom delivers a boost by adding about 15% more value. For homeowners planning a remodel, a new bathroom can be a smart investment that pays off both in daily convenience and long-term value.
More Space Means More Value. The largest winner is always adding more space, even by a few hundred square feet. A home expansion – whether it’s for an office, sunroom or even a full bedroom – can make a huge difference to the overall value. Expanding a home to more than 1,000 square feet instantly adds an estimated 17% resale value. Moving beyond 2,000 square feet increases value by 30% and expanding to more than 3,000 square feet adds roughly 54% to your home’s value. More space almost always translates to more value.
Other Amenities Bring Solid Returns. Certain upgrades can add value without requiring a full remodel. The addition of garages, fireplaces and centralized air conditioning are popular features that buyers appreciate. An added garage can increase a home’s value by 10%, while also providing extra storage for everyday use. Fireplaces add roughly 10% and offer a cozy ambiance that can cut down on
home heating costs. Central air conditioning adds about 7% value nationwide, but in certain areas, especially the South, it can add up to 48% more value.
Contact your local home builders association HERE to connect with a trusted local contractor. It’s important to always work with qualified contractors for projects of any size.