6 Highest ROI Home Improvements That ADD VALUE

Today we explore the top 6 renovations that will make you money on your piece of real estate! Whether your real estate is your primary residence, a flip, or a rental - it's important to know what you will and won't recoup your renovation investments from. Also bear in mind - there is a HUGE difference between what will SELL a property and the type of renovations that you'll PROFIT from. For example, a kitchen renovation will help sell a house, but from a financial standpoint, it's highly unlikely you'll see all that money back. 🤷‍♂️

🏡 Equipment I use to make my renovations easier:

📚 A few of my favorite personal finance books:

🙋‍♂️ Come say hi on Instagram @joshcbutler

💰 Investment/Savings Accounts I Use:
○ Yotta Savings Referral Code (Get 100 free tickets): JOSHUA134

📃 Budgeting Software I Use:
○ YNAB (You Need A Budget)

💽 Software and Services Used:
○ Video Editing Software: Adobe Premiere Pro

📷 Camera Gear:

💖 Thanks for the support!
- Joshua Butler
Budgeting with BUTLER

Real estate is thought of by most as a stable, long-term investment. Get the most bang for your buck by being mindful of the return on investment the renovations in the video will provide (although they are averages and can vary greatly). If you're willing to DIY some of these projects, you'll likely see a great deal of sweat equity in your property.

*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

[joshua.butler]

Clarification: the percentages in this video are percentage RECOUPED, not the return on investment percentage. Any renovation that falls below a 100% recoup percentage will technically be a negative return on investment. These figures are based on hiring out the renovations, meaning if you’re able to do the work yourself, you’ll increase your return on investment. However, remember, your time has value!

[pruzzilla]

Semi gloss in bathrooms are also water repellants. My dad's house was all flat paint and every time someone took a shower in the guest bathroom, the ceiling and upper wall watered up. Within a year, screw pops started becoming visible. Moist sheetrock will push nails and screws as it dries. You can also buy bathroom paint by BM that serves the same purpose. If you have high ceilings in the bathroom, the ceiling can be flat... but I would use eggshell to give at least some protection.
My dad paid $299, 000 in 2017 for his new build house and when he died in 2021, we sold it for $489, 000. I fixed all sheetrock issues, painted every room white, but two kids rooms in a color, had the HVAC tweaked, electrical issues fixed and made sure all appliances were working properly. I also discovered there was 600 sq ft that lacked insulation. In all, I spent $10, 000 on the house, passed the buyers inspection at 100%, and made $110, 000 profit after clearing the small mortgage he had and yada yada real estate BS.

[robbyrob]

People expect a home to be updated like people stitch to a new IPhone every year is ridiculous. I still have my original kitchen from 2005 and it looks excellent.

[Erock]

Pro tip: when spraying your cabinets make sure there's nothing behind them that can get over spray.

[Extinguisher]

11:29 I highly recommend using an oscillating saw to remove old windows and trim. It takes a bit longer but is SOOOO much more precise than a reciprocating saw. I've seen even a skilled wood worker chew up a bit of siding due to the wobbly nature of the blades.

[rangersmith]

One of the best parts of retiring and buying my last home is fitting out, maintaining, and decorating exactly how I want without worrying about resale value or whether a would-be buyer will like or hate what I did. My heirs will be the ones with that issue.

[GaryHnyla]

I've had a long-standing desire to launch my own business performing house improvements. Considered which market to enter. Just because I currently work in the window industry does not mean that I am necessarily married to it. What additional niches, in your opinion, would be profitable to enter? Many thanks

[Starring_LaThomas]

I don’t have siding. Should I add it to my South Florida house to add value?

[calvinswomley]

FYI - 'Cost recoup' and ROI (return on investment) are different. The website you used for your data lists the percentages as 'Recouped', not ROI. ROI is a simple calculation that you can use to check this: ROI = profit / cost * 100. If you use this for the garage door example you provided in this video the profit is actually negative ( profit = sale value - cost). So the Recoup percent calculation is correct but the ROI is negative - any time the resale is less that the cost then you have a negative ROI. So the calculation for the profit is $3, 663 - $3, 907 = $-244 profit. And with profit we can calculate ROI $-244/$3, 663*100 = -6.66%

[donaldlee]

So my main takeaway from this video is if you're willing to DIY, you can double or more your money.

[vladshults]

I do sales for a window and siding replacement company. Have been wanting to start my own home improvement company for a while. Been thinking what niche to go into. Not necessarily married to windows, just because I do them now, it has a very high competition. Curious on your suggestions, what other niches would be profitable to go into ? Thank you

[ModestMillennial]

Those were great tips, thanks for sharing!

Supporting your channel as a fellow youtuber!

[Extinguisher]

Behr Marquis is my go-to paint. A bit pricey but is SOOOO good

[funeralman]

Pro tip on the bathroom use whatever sheen you want but make sure you get a mold resistant paint like duration from sherwin it's not snake oil. Especially in bathrooms with no exhaust fan

[kjshy]

Clorox surface cleaner actually removes even hard dried on latex or acrylic paint off the brush. Just need some time to soak and remove. I saved many many brushes this way

[frankbo]

Sherwin Williams makes great paint, they also make cheap paint and everything in between...choose wisely

[EricGallina]

Excellent video! Noticed you passed over any mention of bathrooms. Guess that’s a bad return on investment? Thanks!

[Jose]

What about the ROI for a tray in ceiling?

[inhquangTuyen-yriu]

I've wanted to start my own home improvement company for a very long time. thought about the market to enter.

[antoniofigueroa]

Not going to be gutting my kitchen. New appliances and countertop for me. Maybe I'll diy paint the cabinets.