Top Remodels That Boost Home Value
Kitchen, bath and deck upgrades can offer high ROI in Florida. Curb appeal, smart timing and budgeting help boost home value in a strong market.
NEW YORK — Remodeling projects, particularly kitchen and bathroom renovations, can increase a home’s value in Florida’s competitive real estate market.
Despite economic shifts, Florida's real estate market remains strong — particularly in cities like Miami, Tampa and Orlando — with median home prices around $400,000 and a trend toward fixed-rate mortgages due to interest rate concerns.
Kitchen remodels have an average return on investment (ROI) of 65% to 80%, while bathroom additions have an average ROI of 60% to 70%. Deck additions have an average ROI of 70% to 90%. These projects enhance the lifestyle and appeal of a house.
Accurate budgeting plays a critical role in generating the most ROI from renovation projects. Analyzing the cost versus value of a remodel is vital.
For example, a mid-range kitchen remodel might cost around $75,000 but could increase home value by approximately $50,000, leading to a net loss. Energy-efficient windows or new siding can also have cost-to-value ratios, sometimes exceeding 90%.
Experts say a spacious, modern kitchen can greatly influence home buyers' decisions. In areas, like Florida, where curb appeal is crucial, new landscaping, siding and updated windows, as well as fresh paint in neutral tones and outdoor lighting, can improve a home's value.
Experts also advise home buyers to time their remodel to coincide with peak buying seasons to maximize returns. Spring and summer months typically see increased buyer activity in Florida.
Source: KHTS AM-1220 (05/08/25) Goldman, Carl
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