There are plenty of considerations that you need to think about when considering what home renovations you want to do at your home. First of all, you have to consider how large of an impact each renovation will have on your life when it is complete, the ones that have the best impact on your life are a priority. At the same time cost plays a factor, as well as the aesthetics and practicality of your renovation. But the most important factor is the ROI or return on investment. Here are three home renovations that can yield the highest ROI for you.

Exterior Improvements

The first type of home renovation that can yield incredibly high returns on your investment are exterior improvements. These improvements include things like painting the outside of your home, putting in a new front door, landscaping, adding a fence, or anything else that is visible from the curb. These home renovations boost the look of your home, and looks sell. Exterior improvements are inexpensive but make a huge impact on the perceived value of your home, giving you a massive return. Exterior improvements are especially smart if you are planning on selling shortly, as they have their biggest impact when they are fresh.

Bathroom Renovations

Another type of renovation that can yield very high returns on your investment are bathroom renovations. The bathrooms are among the most used rooms in the home and having a nice bathroom can really elevate the enjoyment you get from your basic hygiene tasks. A minor bathroom remodel can help improve your home value when selling. Simply by installing new light fixtures, putting up new mirrors, and perhaps replacing the cabinets or the countertops, you can add thousands of dollars in added value to your home for a minimal out of pocket cost to you.

Kitchen Renovations

The final type of renovation that regularly delivers high returns on investment are kitchen renovations. You use your kitchen every single day every single time that you prepare a meal or a simple snack. Having a nice kitchen with storage , great lighting, modern appliances, and loads of counter space is a luxury that people are willing to pay a pretty penny for. If you are looking to get the best return on investment in your home renovations, any change you make to your kitchen can pay off two-fold or more.

Renovating your home is supposed to come with a lot of benefits to you. Among the many things a good renovation should do, delivering a good return is near the top of the list. Consider these three renovations if you are trying to maximize your ROI.

Check out this article on the best time for home renovations !