Every homeowner wants to get the biggest impact possible out of their home improvements. Whether you’re looking to make a move in the near future or are planning on staying put for years to come, it’s comforting to know that your investment of time and money is worth the effort, that the work you’re doing will add value to your home.
With that in mind, we decided to take the issue to the experts. We asked the leading minds in real estate to tell us which home improvement projects are set to have the best return on investment (ROI) in 2018. Read on below to see what they had to say and to learn where in your home your sweat equity will ultimately have the biggest impact.
1. Smart home technologies
“According to the most recent Luxury Portfolio Global Luxury Real Estate Report, 76% of buyers agree: Having a ‘smart home’ is very important to me. In particular, safety is a top concern. Of those surveyed, 39% are looking for a convenient, centralized network that securely controls smart-home and internet connections; aka the ability to operate a home security system through a mobile device.” — Stephanie Anton, EVP of Luxury Portfolio International
2. Outdoor living space
“According to a recent survey, 51% of home buyers find outdoor living space the most attractive quality when searching for their perfect home, more so than open floor plans and curb appeal. As such, outdoor spaces are becoming an ideal investment, not only for current homeowners’ enjoyment, but also for sellers looking to bring added value to a home for future sale.” — Joe Raboine, National Design & Training Specialist for Belgard in Atlanta