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Renovations that add functionality or more comfortable floor space generally add the most value when remodeling your home. Attic or basement finishing can add floor space without altering the home's structure, saving you renovation money while adding valuable space. Smaller improvements, such as installing smart-home components or replacing entry doors and windows, also experience high ROIs. 

The decision between wainscoting and shiplap for your bathroom will depend on the end result you’re looking for. Shiplap covers the entire wall and can be used on ceilings. Wainscoting is installed on the lower third of the wall and acts as an accent. One major consideration is that shiplap has rabbets that create space between the boards where moisture and dust can hide. Since bathrooms are a high-moisture environment, you may want to opt for wainscotting.

Adding a bedroom or a second bathroom typically has the biggest positive effect on a home's value. These additions can increase your home's square footage and move it into a new category (e.g., from a two-bedroom to a three-bedroom), which is highly attractive to many families looking to upsize. On a larger scale, adding a second floor can also significantly increase a home's value by creating new possibilities for living and storage space. However, there is an upper limit where adding more bedrooms, such as in a nine-bedroom home, may not proportionally increase value.

Kitchen remodels are one of the most popular home renovations and for good reason. Many homeowners view the kitchen as the heart of the home and it’s where they welcome and entertain guests. Refreshing a bedroom requires a little paint and perhaps some fresh flooring, but kitchens often require a major renovation to be both functional and modern. From new appliances to updated countertops and backsplashes, or fresh floors and cabinets, there is no shortage of ways to refresh a kitchen to meet your needs and style preferences.