12 Proven Ways to Increase Home Value in 2024

12 Proven Ways to Increase Home Value in 2024

If you’re planning to sell within 3–5 years—or just want your home to hold its worth longer—you don’t need a full gut renovation to increase home value. In fact, the National Association of Realtors’ 2023 Remodeling Impact Report found that 73% of midrange kitchen remodels recouped at least 75% of their cost at resale. But not all improvements are equal: some deliver 200%+ ROI, while others barely break even.

Focus on Curb Appeal First

Buyers form an opinion about your home in under 15 seconds—and it’s almost always based on the exterior. A fresh coat of neutral paint on the front door (Sherwin-Williams ‘Tranquil Blue’ or Benjamin Moore ‘Manchester Tan’), pressure-washed siding, and trimmed foundation shrubs cost under $1,200 but lift perceived value by 5–7%, per the Appraisal Institute’s 2022 Field Guide.

  • Replace cracked walkway pavers ($180–$320 for DIY patch kits)
  • Install LED path lighting along the driveway (under $200 total)
  • Swap outdated house numbers with brushed brass or matte black (from $29 at Rejuvenation)

Don’t overlook the garage door: upgrading to an insulated steel model with windows adds ~4% to appraised value, according to Remodeling Magazine’s 2023 Cost vs. Value Report.

Refresh Kitchens Without Full Renovations

Full kitchen remodels average $27,000+ and take 8–12 weeks—but targeted updates deliver outsized returns. Refacing cabinets (not replacing them) costs $4,000–$7,000 and recoups 82% nationally. Swap out dated hardware, install a new faucet with pull-down spray, and replace laminate countertops with budget quartz (like MSI’s Q Premium line at $42/sq ft installed).

What to prioritize in a $5,000 kitchen refresh:

  1. Cabinet refacing + new soft-close hinges
  2. Stainless steel farmhouse sink (Rohl or Kraus, $320–$580)
  3. Energy Star-rated LED under-cabinet lighting ($85 for full run)
  4. New backsplash tile (subway or zellige-style; 3x6” ceramic from Floor & Decor starts at $1.29/sq ft)

Avoid open shelving unless your area skews modern-luxury—appraisers in suburban Midwest markets consistently dock value for missing upper cabinets due to reduced storage perception.

Upgrade Bathrooms Strategically

Bathrooms are second only to kitchens for ROI—but only if done right. The biggest mistake? Over-designing. A jetted tub in a master bath rarely pays off unless your neighborhood averages $850k+. Instead, invest in universal design elements that appeal broadly: grab bars (discreet stainless steel, not hospital-white), a curbless shower with linear drain, and a comfort-height toilet.

According to the U.S. EPA, 14% of household water usage is from leaks—so fixing dripping faucets and running toilets isn’t just eco-friendly; it signals maintenance awareness to buyers and inspectors alike.

"A clean, updated half-bath on the main floor delivers 104% ROI in most metro areas—it’s the single highest-return project under $3,000." — Remodeling Magazine Cost vs. Value Report, 2023

Quick Reference: Highest-ROI Projects Under $10K

Median national ROI for common under-$10K projects (Remodeling Magazine, 2023)
ProjectAvg. CostRecouped at Resale
Garage door replacement$4,127$3,928 (95%)
Entry door replacement (steel)$2,114$2,023 (96%)
Minor kitchen remodel$28,279$22,506 (79%)
Deck addition (wood)$14,421$10,419 (72%)
Attic insulation upgrade$1,700$1,540 (91%)

Common Mistakes That Kill Value

Some well-intentioned upgrades backfire hard. Here’s what top agents report seeing most often:

  • Over-personalizing paint colors: Bold teal walls or charcoal bedrooms limit buyer appeal—stick to warm whites (Benjamin Moore OC-23), greiges (SW Agreeable Gray), or very light earth tones.
  • Ignoring HVAC age: Systems over 15 years old trigger inspection red flags—even if they “still work.” A $5,000 high-efficiency heat pump can add $8,000–$12,000 to list price.
  • Skipping sewer scope inspections: Undetected clay pipe collapse or root intrusion kills deals fast. A $250 camera inspection prevents $15k+ surprises later.
  • Installing luxury finishes in starter homes: Calacatta marble counters in a 1,200-sq-ft ranch confuse buyers—they wonder if the rest of the house is deferred-maintenance.

Will painting interior walls increase home value?

Yes—if done correctly. Neutral, flat or eggshell sheen on walls, semi-gloss on trim, and consistent color flow between rooms. Avoid satin or pearl finishes—they highlight wall imperfections. Use quality paint: Behr Marquee or Sherwin-Williams Duration (both offer lifetime warranties). Repainting adds ~1–2% to perceived value, especially when paired with new switch plates and outlet covers.

Do smart home devices boost resale value?

Only selectively. Nest thermostats and Ring doorbells show up in 68% of listings (Zillow Group Consumer Housing Trends Report, 2023), but buyers care more about reliability than bells and whistles. Skip whole-home automation hubs—focus instead on one seamless system: a Z-Wave thermostat + door lock + flood sensor combo (smart home security basics) that’s easy to transfer ownership on.

Is adding square footage worth it?

Rarely—unless it’s a permitted, code-compliant addition with HVAC tie-in. Unpermitted sunrooms or attic conversions often reduce value because lenders won’t finance them. A 200-sq-ft bump-out with proper egress, insulation, and electrical costs $65–$95/sq ft but may only add $45–$60/sq ft in value. Better ROI comes from finishing existing space: basement remodeling tips that meet egress and moisture standards routinely return 70%+.

How much does landscaping affect value?

Up to 12% in high-demand suburbs, per the University of Washington’s 2022 Urban Forestry Study—but only if it’s low-maintenance and drought-tolerant. Replace thirsty turf with native grasses (Buffalo or Blue Grama), add 2–3 specimen trees (Japanese maple, serviceberry), and use mulch beds—not rock. Avoid overly manicured looks; buyers now prefer “designed naturalism.”

Should I replace my roof before selling?

Yes—if it’s over 12 years old or shows granule loss, curling shingles, or missing tabs. A new architectural asphalt roof costs $12,000–$18,000 but adds $10,000–$14,000 to list price and eliminates negotiation leverage for buyers. Bonus: many insurers offer 10–15% premium discounts for roofs under 5 years old—home insurance savings tips that compound value.

Increasing home value isn’t about chasing trends—it’s about solving problems buyers notice and appraisers verify. Start with the exterior, protect systems (HVAC, roof, plumbing), then refine interiors with broad-appeal updates. Track every dollar spent against local comps, not Pinterest boards. And remember: consistency, cleanliness, and quiet functionality beat flashy features every time.

S

sarah-kim

Contributing writer at Tiply - Smart Home Tips & Life Hacks.