Oftentimes homeowners will embark on a little bit of last-minute renovation in order to spruce up a property ahead of a sale, with the idea to invest a little money into a home to sufficiently enhance the curb appeal so the seller will make back the investment and then some upon the sale of the home. In some instances, the ROI can be pretty outstanding: A new garage door cost on average $4,513 in 2024, but added $8,751 to the resale value of the home, a 194 percent cost recoupment and one of the best things one can do to juice the sale price. Other clever and cost-effective renovations include replacing an entry door (adds $4,430 to resale value at a cost of $2,355), dabbling in landscape maintenance or lawn care, or refinishing hardwood floors. Some renovations are bad bets; remodeling a kitchen might cost $158,530 but only add $60,176 to resale value, recouping just 38 percent of the cost. If you’ll excuse me, I’ve got a home renovation television show to pitch — one that does to This Old House or Fixer Upper what Moneyball did to baseball. It’s gonna mostly involve doors.
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