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Experts Swear By These 10 No-Demo Renovation Projects That Will Majorly Increase Your Home's Value
Homeowners often consider their house a significant investment, appreciating in value over time, especially with proper care and strategic improvements. While substantial renovations like adding a deck or a complete kitchen makeover are known to boost property value, less expensive and less disruptive alternatives exist. A collaboration between Zillow and Thumbtack has identified the top 10 no-demo renovation projects that consistently attract prospective buyers and enhance a home's market appeal.
These no-demo renovations, on average, cost less than $5,000 to complete but significantly increase a home's saves and shares on Zillow, which can lead to a faster sale at a higher price. Amanda Pendleton, Zillow’s home trends expert, emphasizes that these projects offer a high payoff by elevating a home in a buyer's perception. Many of these improvements are budget-friendly, costing only a few hundred dollars, and some can even be tackled as DIY projects. They contribute a "wow factor" or signal that a home is modern, well-maintained, and move-in ready, negating the need for extensive, months-long renovations.
The identified projects, ranked by their impact on Zillow saves and shares, begin with smart lighting installations. Smart home technology, including smart lighting, has seen a nearly 22% year-over-year increase in installations. Homes equipped with smart lighting systems experience an approximate 18% increase in saves and 23% increase in shares daily, with an average national installation cost of $308.
Following smart lighting, installing an outdoor sound system can significantly enhance a home's appeal, generating around 18% more saves and 19% more shares daily. Costs range from $500 to $2,000, depending on the system's quality, and this upgrade can often be combined with an outdoor TV installation. Fire pits are another highly desirable amenity, especially during cooler seasons, leading to 19% more saves and 23% more shares. The average installation cost is approximately $200, making it a DIY-friendly option.
Pergolas, semi-open structures providing shade for outdoor spaces, increase daily Zillow saves by 20% and shares by 24%. A 10x10-foot pergola costs about $3,600, including labor and materials. A classic white picket fence enhances curb appeal, reflecting the "American Dream" image and resulting in 27% more saves and 31% more shares. Installation costs vary from $7 to $45 per linear foot, depending on location and materials.
Outdoor TVs contribute to an expanded outdoor living space, with installations up almost 13% year over year. Homes with outdoor TVs see 28% more saves and 26% more shares daily. The average cost for an outdoor TV installation is $175 to $300, though this can increase with electrical work and weatherproofing. Leaving vintage touches and architectural finishes, such as crown molding, can also significantly boost appeal, yielding 28% more daily saves and 31% more daily shares. Crown molding costs $2 to $50 per linear foot, depending on materials.
Open shelving installations, despite concerns about clutter, are visually striking and increase saves by 37% and shares by 45%. Professional installation averages $275, excluding the shelves. Painting exterior brickwork, a personal choice, can lead to 31% more saves and 39% more shares. The national average cost for painting brick is $4,600 to $7,600, including labor, materials, and equipment. Finally, window boxes provide the most significant boost, with 48% more daily saves and 52% more daily shares. Professional installation costs $100 to $150, plus $15 to $900 for materials. These findings demonstrate that minor, targeted improvements can yield substantial returns on a home's market value.
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