Do Home Renovations Increase Property Value Or Not?
From weekend DIY jobs to full-scale extensions, home renovation has become a popular way for Aussies to add value, functionality and personal flair to their living spaces. Whether it’s updating a tired kitchen, adding an outdoor deck or opening up a living area, renovations to increase property value also give homeowners the opportunity to reimagine their homes to better suit their needs and lifestyle.
But not every renovation delivers the results homeowners expect. So what actually adds value and what just adds expense? Let’s walk through what’s worth your time and budget and what to rethink before calling your builder.
Do Home Renovations Increase Property Value?
Yes, it can. But it’s not a guaranteed payout unless you’re smart about what and how you renovate.
If done well, improvements can help your home stand out in a crowded market - think better first impressions, smarter layouts and features buyers want. But if your “upgrade” is a neon purple feature wall or a DIY job that’s more enthusiasm than skill, don’t expect an increased ROI (return on investment) from valuers.
Top Renovations that Increase Property Value in Australian Homes
Not every project brings the same bang for your buck. These are the renovations that increase property value and deliver solid returns.
Kitchen Upgrades
Integrated appliances, functional layouts and finishes that feel current can turn a dated kitchen into a deal-maker. Most buyers will pay more for a home with a kitchen that doesn’t need redoing.
Bathroom Remodel
Old bathrooms drag property prices down. Fresh tiling, updated fittings and better ventilation make a bathroom feel new and save future owners the trouble.
Revamped Gardens
Homes with tidy lawns, modern pathways and outdoor living areas make a strong first impression. A landscaped yard or a stylish deck signals quality from the curb.
Improved Energy Efficiency
Buyers are hunting for homes that reduce ongoing costs. Insulation, LED lighting, solar panels and efficient hot water systems are all attractive features that help justify a higher asking price.
Roof Replacement
A roof in poor condition is a red flag. A new roof adds immediate structural appeal and reduces long-term maintenance worries for buyers.
Deck Addition
Usable outdoor space ranks high on most buyers’ lists, especially in coastal or suburban areas. A well-built deck or covered patio creates more liveable space, which increases perceived value.
Affordable Renovations to Increase Property Value
If you’ve been asking “do home renovations increase property value, even minor updates?”, the answer is yes, especially when targeted updates are done right.
Repairing and Updating Existing Hardware and Fixtures
Swapping out old tapware, handles and light switches gives any room an instant refresh. These small details often signal how well a home has been maintained.
Effective Lighting
A well-planned mix of ambient, task and feature lighting makes rooms feel brighter and more spacious. It can also add style without a hefty price tag.
Fresh Coat of Paint
Fresh paint in neutral tones helps buyers picture themselves in the space. It also hides wear and tear and makes rooms feel newer than they are.
Quality Shed or Garage
Extra outdoor storage is always a win, especially when it’s clean, functional and weatherproof.
Smart Storage Solutions
Built-in wardrobes, butlers pantry, floating shelves and under-stair cupboards maximise every inch of usable space. Buyers notice smart layouts that make daily living easier.
Fence
A solid, good-looking fence lifts street appeal whilst offering privacy and safety. It’s especially appealing for buyers with pets or young children.
New Flooring
Tired carpet can date a home fast. Replacing it with new carpet or swapping it out for modern timber, vinyl plank or tile flooring instantly lifts the look and feel of the space.
Key Considerations & Tips for Renovations That Increase Property Value
Smart planning is the foundation of any successful project, especially when you’re aiming for renovations to increase property value.
Identify Your Primary Goals
Knowing whether you're renovating to sell, lease or stay long-term changes everything from layout to finish choices. Clear goals help guide decisions and keep costs in check.
Striking the Right Balance Between Personal Preferences and Broad Appeal
Stick to neutral designs and features with mass appeal. Overly personal touches can turn off buyers and limit resale potential.
Consider Your Budget and Potential Return on Investment (ROI)
Base your budget on the home's value and local market expectations, not just what you'd like to spend. Talk to local agents about which upgrades are worth it.
Time
Planning approvals, trade schedules and supplier lead times all add up. Leave a buffer so the project isn’t rushed and quality doesn’t slip.
Work with Professionals
A quality builder or trade professional guarantees that the renovation job will definitely give you the results you’re after.
Renovate with Powerbuild Homes and See the Difference
Do home renovations increase property value? Absolutely, when planned with purpose and built to a high standard.
Renovating for value isn’t about guesswork or trends. It comes down to selecting the right improvements, timing them well and getting the quality right from start to finish.
Our team at Powerbuild Homes guides homeowners through effective renovations that increase property value. From Nowra to Berry and beyond, we help you add space, improve flow and get your home market-ready with practical, lasting upgrades.
Get in touch to book a renovation consultation and see how your next project can add real value.
