Joy vs. Resale: The Best Home Improvement Projects for Both
When it comes to home improvement, not all projects are created equal—some upgrades fill your heart, while others fill your wallet. Whether you're planning to stay put or prepping your home to sell, it's important to know which renovations bring the most personal satisfaction and which ones provide the best bang for your buck.
Home Improvements That Bring the Most Joy
These projects may not always have the highest resale value, but they greatly enhance daily living and emotional satisfaction. According to the National Association of Realtors®’ (NAR) “Remodeling Impact Report,” the following updates consistently rank highest on the “Joy Score” scale:
1. Kitchen Renovation
Joy Score: 10/10
Why it brings joy: The kitchen is the heart of the home. A well-designed, functional kitchen improves everyday life, from meal prep to entertaining.
Popular upgrades: New cabinets, countertops, lighting, and energy-efficient appliances.
2. Closet Renovation
Joy Score: 10/10
Why it brings joy: Custom storage and organization can bring a surprising sense of peace and control to daily routines.
3. Paint Entire Interior
Joy Score: 9.8/10
Why it brings joy: Fresh paint can dramatically transform a space and uplift the mood.
4. Add or Renovate a Home Office
Joy Score: 9.8/10
Why it brings joy: As remote work becomes more common, a functional and personalized home office brings comfort and productivity.
5. New Laundry Area
Joy Score: 9.5/10
Why it brings joy: A well-planned laundry space makes chores feel less like a chore.
Home Improvements With the Best Return on Investment for Resale
If you're thinking ahead to resale, the key is making updates that appeal to a broad range of buyers and add tangible value to your home.
1. Garage Door Replacement
Average ROI: 90–100%
Why it pays off: It instantly boosts curb appeal and functionality.
2. Entry Door Replacement (Steel)
Average ROI: 80–90%
Why it pays off: First impressions matter, and a new front door enhances security and aesthetics.
3. Minor Kitchen Remodel
Average ROI: 70–80%
Why it pays off: Upgrades like new cabinet fronts, countertops, and appliances freshen up the space without the cost of a full renovation.
4. Siding Replacement
Average ROI: 75–85%
Why it pays off: Improves curb appeal and protects your home’s structure from weather damage.
5. Deck Addition (Wood)
Average ROI: 65–75%
Why it pays off: Outdoor living spaces are highly desirable, especially in areas with pleasant weather.
Striking the Right Balance
While some renovations are deeply personal and enhance your quality of life, others are strategic investments for future resale. Ideally, homeowners should aim for a blend of both. For example, a well-executed minor kitchen update can offer high joy and strong resale potential.
Pro tip: If you're planning to sell soon, consult with a local real estate professional. They’ll help you prioritize projects that will appeal most to buyers in your market.
In Summary:
Best for Joy: Kitchen renovation, home office, interior paint, custom closets
Best for ROI: Garage door replacement, new front door, minor kitchen remodel, siding, deck
Whether you're upgrading to fall in love with your home again or to make it more market-ready, understanding your goals will help guide your renovation choices—and your budget.