Whether a move is on your horizon or not, making smart decisions about home upgrades is a savvy way to protect your investment. At Moving Greater Boston, we often get asked, “Should I renovate my kitchen?” “Is a new deck worth it?” The answer? It depends, and being strategic is everything.
Not All Home Projects Are Created Equal
You might think a big-ticket item like a swimming pool or a major addition will boost your home’s value, but 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.”
Before you call in the contractors or break out your power tools, the first thing you should do is talk to a local real estate expert. They can give you insight into what buyers in your area are really looking for.
Why It Pays To Plan Ahead
If you're even considering a move in the next few years, tackling home projects now allows you to spread out costs and reduce stress. Even if moving isn’t in your near future, life happens, and being caught off guard with a long to-do list before selling can be overwhelming.
Pro Tip: Smart upgrades now = fewer headaches later. And you get to enjoy the improvements yourself in the meantime.
What Buyers Actually Want
A recent study from the National Association of Realtors (NAR) highlights which home improvements typically yield the highest return on investment (ROI). These high-ROI projects include:
- Refinishing Hardwood Floors
- Insulation Upgrades
- Minor Kitchen Remodels
- Bathroom Renovations
- Energy-efficient Windows
If one of these projects is already on your radar, you’re in luck; it’ll likely improve both your daily life and your future resale value.
But remember: this list reflects national trends. What’s popular in Boston might differ from what’s trending in LA or Miami. That’s where your local agent’s expertise comes in. As Ramsey Solutions puts it:
“The best way to gauge what you can expect in terms of resale value on home improvements is to talk to a real estate agent who is an expert in your market.”
At Moving Greater Boston, we help sellers understand which updates are actually moving the needle with local buyers and which could be a waste of time or money.
Don’t Overdo It
High-end finishes are great, but over-improving can backfire. If your home becomes the most expensive one on the block, it could sit longer on the market even if it’s gorgeous. Our team knows how to strike the right balance so you can maximize your ROI without overcapitalizing.
You don’t have to be planning a move tomorrow to start thinking strategically. Making smart home updates now can help you love where you live and be ready for whatever comes next.
Not sure where to start? At Moving Greater Boston, we guide homeowners like you on which projects are worth your time, energy, and money, whether you’re selling next year or simply future-proofing your home.
