Residential real estate is often the largest investment individuals and families make in Central Florida. Completing high return-on-investment (ROI) home upgrades is a wise strategy to protect and enhance that investment, all while making your living space more comfortable and sustainable.

Whether you aim to increase your property's resale value, improve its aesthetics, or reduce your energy consumption, here are some of the best affordable home upgrades that provide significant ROI.

Calculating Home Upgrade ROI

To calculate ROI on a home upgrade, use the formula that factors in the cost of the upgrade and the increase in property value it provides.

ROI = (Net profit/cost of investment) x 100

The net profit is the actual or expected financial gain from the investment minus its cost.

The cost of investment includes the total expenses, including:

Materials
Labor
Permit fees
Ongoing subscription/service fees (if applicable)

To calculate the ROI on a bathroom remodel, for example, we’d plug in the numbers:

Cost of investment in remodeling, labor, permitting, and related expenses: $25,000
Net profit, or return on investment (at appraisal): $18,000

That equates to a bathroom remodel return on investment percentage of 72%, which is a typical outcome for many home remodeling or renovation projects.

What Are the Highest-ROI Home Improvements?

Not every family has tens of thousands of dollars lying around to spend on a comprehensive kitchen, bathroom, or living space remodel. Fortunately, several affordable home upgrades make a big impact in terms of both ROI and your comfort.

1. Upgrade Your Kitchen Appliances

For an average return on investment between 50% and 90%, replace older appliances with modern, energy-efficient models. Whether you’re completing a kitchen remodeling or just upgrading to improve efficiency, make sure your home’s electrical system is in good shape before you begin.

2. Enhance Curb Appeal

Repaint your home with a neutral color, upgrade your landscaping, tidy up any bushes and flowers, and don’t forget about lighting. Security lighting is always a plus, especially when you choose LED bulbs. These can offer an ROI of more than 100% within a year.

3. Upgrade Home Insulation

Adding or replacing insulation can lower your home’s energy costs and usually pays for itself in just a few years. Proper home insulation can also extend your HVAC system’s functional lifespan by reducing the frequency and duration heating and cooling systems run.

4. Garage Door Replacement

Often cited as a cost-effective home improvement with the best ROI, replacing an old, weathered garage door immediately boosts curb appeal. If you’re putting your home on the market, start here. Upgrading to a new garage door has an average ROI of around 200%.

5. Entry Door Replacement

Another eye-pleasing upgrade, upgrading to a new steel front door typically offers a return on investment of 100% or more.

Cost-Effective Home Plumbing Upgrades

Upgrading plumbing fixtures and integrating smart home tech might not be the stuff of high-end architecture magazine covers, but these updates can provide an immediate cost savings, and could prevent big issues.

Upgrading to low-flow toilets offers an average ROI up to 100% and an inexpensive, quick process.
Smart plumbing technologies like leak detectors or sump pump alarms offer peace of mind and can protect against costly water damage.

Explore More High-ROI Home Upgrades with Dial Duron Service Co.

As a local business, we help our neighbors improve their homes with smart and affordable upgrades. We are Central Florida’s leader in home services, specializing in HVAC and plumbing. We provide high quality work at fair prices. Schedule a service appointment with our friendly technicians today!

Home Upgrades With the Best Return on Investment