Renovating for Profit: Which Upgrades Offer the Best ROI?

When renovating a property, choosing the right upgrades can mean the difference between a profitable flip and a money pit. Here's what the data shows.
High-ROI Renovations
Kitchen updates: Minor kitchen renovations typically return 80-90% of the investment. Focus on cabinet refacing, new countertops, and modern appliances.
Bathroom renovations: Updated bathrooms are consistently among the most valued improvements, with returns of 70-80%.
Avoid Over-Improving
Be cautious about luxury upgrades in modest neighborhoods. A wine cellar or home theater might not pay off if the surrounding properties don't support premium pricing.

