When considering home renovations, many homeowners consider those with the best returns on investment. For instance, various home renovations increase the value of your home, such as installing new bathroom tiles, substituting old kitchen appliances with modern ones, or repainting the house. Whatever your choice, ensure that the modification you do to your house will be profitable when selling the home in the future. The following are five renovation hacks with the best returns:

1. Invest in a kitchen remodel

A whole kitchen remodel is not necessary. Instead, you can focus on a few areas, such as lighting, changing the hardware, and repainting the cabinets. If your budget allows, you can also refinish kitchen countertops and cabinets.

2. Finish your basement

High-income home buyers appreciate a finished basement. For every $1,000 you spend on your basement, you’ll increase its value by $700. You can include some paint, flooring, and drywall to give your basement additional heated square footage. This will propel your home to a different price bracket. Extra functional space is a guarantee to get good returns when considering home renovations.

3. Convert a garage to living space

Adding extra living space can be a great investment if you live in a neighborhood with great housing demand. From a home office, a mudroom, or a storage space, converting a garage to a living space will appeal to prospective buyers and make your life easier. Garage conversions thrive in areas with expensive real estate and close neighbors. You can also change the garage into a short-term rental space to help pay your mortgage. Ensure that you install enough windows to allow in air and natural light. Remember to provide adequate heating by installing retrofit options such as fan-driven wall heaters, electric baseboards, or extending the current central heating ductwork.

4. Update your plumbing

Simple plumbing improvements such as updating kitchen and bathroom fixtures are affordable ways to improve your home’s value. Ensure that the updates are done throughout the home to attain a uniform feel and look. Another way to update your plumbing is by replacing or adding a toilet. You can install a toilet underneath the staircase or in an unused closet if you have insufficient space. A tankless water heater is another home improvement that gives the best returns. It is a convenience that provides a regular hot water supply, even with several people showering simultaneously. This water heater also saves energy as it heats the water passing through it, thus saving money and energy. Upgrading drainage pipes also increases the value of your home. When drainage pipes age, they may cause constant clogs, blockages, and backflow. Before you invest in a plumbing upgrade, consult a professional plumber to inspect your drainage system, as the venture can be costly. Proper drainage pipes also help maintain your house foundation as an underground leak can significantly damage the foundation.

5. Polish your home’s exterior for curb appeal

You don’t have to create a new lawn. You can hire a landscaping company to improve the current one. Front door replacement also improves curb appeal when you install a steel door. The improvement includes a half-glass, dual-pane, clear panel. Vinyl Siding Replacement is another project that can give you improved returns. Ensure that you install a water-resistant barrier below the siding, such as a house wrap.