Remodeled Homes Command Highest Premiums: Key Statistics and Insights

In today's dynamic real estate market, the allure of the fixer-upper is waning as buyers increasingly seek move-in-ready properties. Recent analyses highlight that remodeled homes not only sell faster but also command significant premiums. Understanding these trends can empower homeowners to make strategic decisions that maximize their property's value.​

The Shift Toward Move-In-Ready Homes

A comprehensive analysis by Zillow reveals a notable shift in buyer preferences:​

• Premium Pricing: Remodeled homes are selling at a 3.7% premium, translating to an average of $13,194 more for a typical U.S. home. ​

• Increased Engagement: Listings highlighting recent renovations receive 26% more daily saves and 30% more shares compared to non-remodeled properties, indicating heightened buyer interest. ​

This trend underscores a growing desire among buyers for properties that require minimal additional investment post-purchase.​

Renovations with the Highest Return on Investment

Not all renovations yield the same returns. According to the National Association of REALTORS® (NAR), the following interior projects offer the highest cost recovery:​

• Refinishing Hardwood Floors: 147% cost recovered.​

• New Wood Flooring Installation: 118% cost recovered.​

• Insulation Upgrades: 100% cost recovered.​

These improvements not only enhance aesthetic appeal but also contribute to energy efficiency and overall home functionality. ​

Exterior Enhancements Boosting Home Value

Curb appeal plays a pivotal role in attracting potential buyers. A joint report by the National Association of Landscape Professionals (NALP) and NAR highlights top exterior projects with substantial returns:

• Standard Lawn Care Service: 217% return on investment (ROI).​

• Landscape Maintenance: 104% ROI.

• Overall Landscape Upgrade: 100% ROI, coupled with a high homeowner satisfaction score.​

Investments in landscaping not only increase property value but also enhance the homeowner's enjoyment of the outdoor space. 

Buyer Preferences: Move-In Ready Over Fixer-Uppers

The preference for move-in-ready homes is more pronounced than ever:​

• Willingness to Pay More: Buyers are prepared to pay nearly 4% more for homes that are already remodeled, equating to an extra $13,000 for the average property. ​

• Declining Interest in Fixer-Uppers: Properties described as "needing work" or having "good bones" are now selling at a 7% discount, the largest in three years. ​

This shift indicates that modern buyers prioritize convenience and are less inclined to undertake extensive renovations themselves.​

Strategic Renovations for Sellers

For homeowners considering selling, focusing on renovations that offer the highest returns is crucial:​

• Kitchen and Bathroom Upgrades: These areas significantly influence buyer decisions and can substantially boost property value.​

• Energy Efficiency Improvements: Upgrades such as installing new windows or enhancing insulation appeal to eco-conscious buyers and can lead to long-term savings.​

• Enhanced Outdoor Spaces: Adding features like decks, patios, or well-designed landscaping can expand usable space and improve overall appeal.​

It's essential to balance the cost of renovations with the expected increase in property value to ensure a favorable return on investment.​

Conclusion

The current real estate landscape favors sellers who present move-in-ready homes with thoughtful, high-ROI renovations. By understanding buyer preferences and strategically enhancing their properties, homeowners can command higher premiums and facilitate quicker sales.​

🏡 Let’s Put Experience on Your Side

In today’s fast-moving real estate market, having the right professional in your corner matters more than ever. As both a licensed Realtor® and an attorney, I bring a unique combination of negotiation skill, legal insight, and local market expertise that gives my clients a true advantage—whether you're buying your first home, upgrading, downsizing, or selling an investment property.

If you're thinking about making a move in Scottsdale, Phoenix, or the surrounding Arizona communities, let's talk. I’ll help you navigate every detail of your transaction with confidence, clarity, and the kind of results-driven strategy that only comes from deep experience in both real estate and law.

📲 Reach out today for a no-pressure consultation and let’s explore your options.
Your goals deserve more than average representation—they deserve a trusted advocate with the knowledge to protect your interests and the skill to get the job done right.

📩 Email: jeff@conniecollagroup.com
📞 Phone: +1 602 550 1114
🌐 Website: www.bestscottsdaleagent.com
📱 Instagram: www.instagram.com/jeff.azrealtor
👍 Facebook: www.facebook.com/jeff.azrealtor/

Note: The information provided reflects market trends and data as of March 2025. Individual results may vary based on specific property conditions and local market dynamics.