Property Renovation ROI Calculator

Estimate the return on investment for different home improvements and renovation projects

Property Details
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Renovation Project
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Typical range: £15,000 - £25,000
Other Factors
How long before you plan to sell the property

Compare up to 3 different renovation projects to see which offers the best return on investment.

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Typical ROI Values for Common Renovation Projects

These values represent average UK returns and may vary based on property location, quality of work, and market conditions.

Renovation Project Typical ROI Range Notes
Kitchen Remodel 50-80% Higher ROI for modern, functional designs. High-end kitchens may not fully recoup costs in lower-value areas.
Bathroom Renovation 60-70% Adding a bathroom typically offers better ROI than upgrading an existing one.
Loft Conversion 70-90% Among the best value renovations, especially when creating an extra bedroom with en-suite.
House Extension 60-85% Kitchen extensions typically offer higher ROI than other types.
Basement Conversion 50-80% Higher ROI in prime urban areas where space is at a premium. Can be costly due to excavation and damp-proofing.
Garage Conversion 75-85% Excellent ROI in areas where parking is less important. Consider local demand for parking before converting.
Garden Landscaping 100-200% Low cost, high impact. Well-designed gardens can significantly increase buyer interest.
Conservatory/Orangery 50-70% Quality construction and proper integration with the house are essential for good returns.
New Windows 50-70% Energy-efficient windows are attractive to buyers and can reduce bills. Essential if existing windows are in poor condition.
New Heating System 70-80% Modern, efficient systems are increasingly important to buyers concerned about energy costs.
Improved Insulation 80-100% Energy efficiency improvements are becoming more valuable as energy costs rise.
Solar Panels 40-70% ROI varies significantly based on installation quality, energy costs, and government incentives.
Redecoration 100-200% Low cost, high impact. Fresh neutral décor helps buyers visualize themselves living in the property.
About Property Renovation ROI
What is a good renovation ROI?

The ideal ROI depends on your goals:

  • 90%+ ROI: Excellent - You're recovering most or all of your investment
  • 70-90% ROI: Good - Standard for many well-executed home improvements
  • 50-70% ROI: Moderate - Typical for many larger renovations
  • Below 50% ROI: Low - Consider carefully if the renovation is for investment purposes

It's rare for renovations to exceed 100% ROI (i.e., profit), but some low-cost, high-impact improvements like garden landscaping and redecoration can achieve this.

Factors That Affect Renovation ROI
  1. Location: Properties in high-demand areas typically see better returns on improvements
  2. Market Conditions: In a seller's market, renovations often yield higher returns
  3. Property Value Ceiling: Be cautious about improving a property beyond the ceiling price for its neighborhood
  4. Quality of Work: Poor quality renovations may not increase value and could even decrease it
  5. Over-Personalization: Highly personalized renovations may not appeal to the broader market
  6. Holding Period: Some renovations (like energy efficiency improvements) may take longer to recoup their costs
Tips for Maximizing Renovation ROI
  • Focus on kitchens and bathrooms first - these typically offer the best returns
  • Address structural and maintenance issues before cosmetic improvements
  • Consider your target market when choosing finishes and features
  • Don't over-improve for your neighborhood - be aware of the ceiling price
  • Get multiple quotes from reputable contractors to ensure fair pricing
  • DIY where appropriate to reduce costs (but only for tasks within your skill level)
  • Consider timing renovations during economic downturns when contractor prices may be lower