Should You Renovate Before Selling? The Shocking ROI Breakdown
If you're thinking of selling your home, you’ve probably asked yourself this classic question: Should I renovate before I list? The answer? It depends—but the numbers may surprise you. Before you sink tens of thousands into upgrades, here’s what you really need to know about the return on investment (ROI) and what actually pays off in today’s market.
Renovation ROI: What the Numbers Say
According to the latest data from Remodeling Magazine’s Cost vs. Value report, most major renovations won’t give you a full return when it comes time to sell. On average:
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Kitchen remodels yield around 50–70% ROI.
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Bathroom remodels come in around 55–65%.
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New wood floors? Closer to 70–80%.
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Exterior updates (paint, siding, garage doors) deliver some of the highest returns—often 90%+.
So, should you spend $50,000 on a kitchen overhaul? Not necessarily—especially if a buyer might come in and want to redo it anyway.
What Actually Moves the Needle
Here’s what does pay off when prepping your home for market:
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Fresh paint (neutral tones) – Low cost, high impact.
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Curb appeal – Simple landscaping and a clean exterior can create instant buyer interest.
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Updated lighting & hardware – Modern touches go a long way.
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Minor repairs – Leaky faucet? Cracked tile? Buyers will notice.
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Clean and decluttered spaces – It’s free and incredibly effective.
Think of these as high-impact, low-cost strategies. They often yield better results than large-scale projects that eat up your time and budget.
When a Bigger Renovation Might Make Sense
There are situations where a more extensive update is worth it—especially in luxury or high-demand neighborhoods. If your home is the only one on the block with a 1990s kitchen, a targeted remodel could boost value and buyer interest.
But the key is strategic renovation. Don’t guess—consult with a local agent (hi, 👋) who understands what buyers in your area are really looking for and what they’re willing to pay for.
The Bottom Line: ROI Starts with the Right Advice
Selling a home isn’t about making it the fanciest—it’s about making it the most appealing to your target buyer. That means smart updates, not overhauls, and a focus on presentation, not perfection.
If you’re on the fence about what to renovate, don’t go it alone. I’ll walk you through which improvements are worth it—and which ones to skip—to help you get the best return with the least stress.
📞 Call or text: (469) 991-1566
📧 Email: kelly.reber@exprealty.com
🌐 Learn more at: KellyReberRealEstate.com
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