Spring Home Improvement Projects To Maximize Your ROI

Text by Helen Adams Realty

One of the benefits of living in the Carolinas is that by mid-February/early March, signs of spring begin to come to life. Flowers start to bloom, temperatures slowly rise (as do the pollen levels), and we get a few more minutes of daylight with each passing day. Springtime brings a sense of renewal and rejuvenation, especially after the cold, rainy winter Charlotte has had this year.

Spring is also the perfect time for homeowners to tackle projects that enhance the beauty and functionality of their homes and offer a solid return on investment (ROI). Whether you're preparing to sell your home or simply looking to increase its value and appeal, here are some of the best spring home projects to consider:

Start Small
  • Addressing minor issues such as leaky faucets, cracked tiles, and squeaky doors may seem insignificant, but these small details can make a big difference in how potential buyers perceive your home.

  • Schedule a thorough home inspection to identify any hidden problems and prioritize repairs accordingly to ensure your home is in top condition.

Curb Appeal Enhancements
  • First impressions matter, and the exterior of your home sets the stage for what's inside. Invest in landscaping, such as planting colorful flowers, trimming bushes, and mowing your lawn to enhance your home's curb appeal.

  • Replace your garage door. While the cost to do this is low compared to larger projects, you can count on recouping 94% of your initial investment according to Angi. 

  • Repaint the front door and update hardware (door knockers, handles, and entryway lights) for a fresh look that welcomes potential buyers.

Deck or Patio Addition
  • Outdoor living spaces are highly desirable, especially during the warmer months. Adding a deck or patio expands your usable living area and can significantly increase your home's value.

  • Consider installing amenities like an outdoor kitchen, fire pit, or built-in seating to create an inviting entertainment area.

Kitchen Remodel
  • According to Remodeling Magazine’s 2022 Cost vs. Value report, kitchen remodels have a national average ROI between 52.5% and 71.2%.

  • The kitchen is often considered the heart of the home and a major selling point for buyers. Updating appliances, replacing worn countertops, swapping out cabinet hardware, and installing new (or painting) cabinetry can breathe new life into this crucial space.

  • Focus on timeless design elements and high-quality materials to ensure your investment stands the test of time.

Bathroom Upgrades
  • Like kitchens, bathrooms can greatly impact a home's value and appeal. Consider upgrading fixtures, replacing old tile, or adding modern amenities like a luxurious shower or soaking tub.

  • Don't overlook the importance of proper lighting and ventilation, which can enhance functionality and ambiance.

Energy-Efficient Improvements
  • Today's homebuyers are increasingly concerned about energy efficiency and sustainability. Invest in upgrades such as energy-efficient windows, smart thermostats, and LED lighting to reduce utility costs and attract eco-conscious buyers.

  • Explore options for solar panels or a tankless water heater, which can provide long-term savings and appeal to environmentally-minded purchasers.

Interior Painting and Flooring
  • A fresh coat of paint can instantly refresh the look and feel of any room. Choose neutral colors that appeal to a wide range of tastes and allow buyers to envision themselves living in the space.

  • Consider replacing worn carpet with hardwood or engineered flooring, which is not only more durable but also more appealing to buyers.

While only an appraisal can determine the true ROI of your home projects and renovations, here’s a list of some of the average ROI’s of various home renovations in 2023. By investing in these spring home projects, you can enhance the value, appeal, and functionality of your home while maximizing your ROI. Whether you're preparing to sell or simply want to enjoy your home to the fullest, now is the perfect time to take on these transformative projects. 

Happy renovating!

Helen Adams Realty

About

Woman Founded. Family Owned. Locally Operated. Since 1975. Helen Adams, a sixth-generation Charlottean, founded her residential real estate company in Charlotte in 1975. Her achievements as an entrepreneur and community leader laid the foundation for a thriving, multi-office real estate business, which today is led by second and third-generation family members. Helen’s approach to the business was simple: offer the highest level of personal service, unmatched area knowledge, and unwavering ethical standards. This traditional, relationship-based experience combined with a cutting-edge platform sets our firm apart. Our agents consider themselves advisors foremost and are dedicated to putting the client’s best interests first. To this end, Helen Adams Realty provides a customer service guarantee and surveys every client after every closing. We are honored that 75% of our business is made up of repeat and referral clients: a true testament to our agents' service and care. Today, Helen’s son and grandchildren aim to uphold her legacy as they lead the firm toward a future that is deeply rooted in her standards of excellence.