Top 15 Home Updates

Here, find out how the top 15 home improvements rank, plus get tips on maximizing the return at resale.

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#12 Bonus Room Updates
Average return at resale: 72.8%

  • Converting a 12x12 bonus room into a home office costs on average $13,143 and brings in $9,569 at closing.
  • Use a roller to paint the paneling and a brush to smooth of the paint that puddles in paneling grooves.
  • Paint panels different colors for a groovy modern effect.
  • If you’re selling, know your target market and decorate to please them. Families use bonus rooms differently than empty-nesters and singles.
  • Add electric outlets for your computer and recessed lights. Kitchen cabinets or bookshelves organize the space above your desk. Put a rolling file cabinet underneath.
  • Glass doors add a finished look to any bookshelf.
  • Check local zoning before you build a studio to rent.
  • Budget $2,500 for the mini-kitchen.
  • Adding a full bath costs an average of $22,977 nationally. You’ll average $19,850 back if you sell, a recoup rate of 86.4%. Return rates go above 100% in big cities like NY, San Francisco, Orlando, Seattle and Washington, D.C.