New windows are a great way to increase your home’s resale value, energy efficiency and curb appeal.

Investing in the comfort and value of your home through improvement projects is a time-honored strategy—especially when those upgrades will help sellers to take full advantage of the Chesapeake’s booming real estate market. Whether aiming to elevate your home's appeal or stay competitive in the local real estate market, strategic renovations can improve your home’s comfort, appeal, and longevity. But what projects should you tackle—and what will give you the most bang for your buck?

Here are my recommended interior and exterior home improvement projects for 2024, tailored to the Shore’s specific needs and market trends—and what you can expect to recoup on your investment.

Refinishing your floors can do a lot to boost your resale value.

Top 5 Interior Remodeling Projects for 2024

Hardwood Flooring Refinish (147% ROI) Hardwood floors are a sought-after feature in properties across the Eastern Shore, whether in traditional historic homes or modern new construction. Refinishing them can breathe new life into your home, eliminating signs of wear and tear like discoloration and scratches. With an impressive 147% return on investment, this project offers both aesthetic appeal and financial benefit.
New Wood Flooring (118% ROI) Quality wood flooring is highly desirable in this region, known for its durability and timeless charm. Installing new wood floors not only enhances the aesthetics but also yields a remarkable 118% return on investment, making it a prudent choice for homeowners seeking to add value to their properties.
Insulation Upgrade (100% ROI) Given the cold winters and hot, humid summers of the Chesapeake, energy efficiency is paramount for your energy bill and overall comfort. Upgrading insulation, whether in the attic, walls, or basement, not only enhances comfort but also yields a solid 100% return on investment. It's a win-win, reducing energy costs while increasing your property's value.
Basement Conversion to Living Room (86% ROI) Maximizing usable space is key to property enhancement. Converting a basement into a livable area not only appeals to potential buyers but also yields an 86% return on investment. It's a substantial upgrade that significantly boosts both functionality and value.
Closet Renovation (83% ROI) Effective storage solutions are highly valued by homebuyers. Renovating closets to optimize space and organization can greatly enhance your property's appeal, resulting in an 83% return on investment. It's a relatively modest investment with substantial returns.

It’s an investment, but one with a 100% return—we like those odds!

Top 5 Exterior Remodeling Projects for 2024

New Roofing (100% ROI) A well-maintained roof is crucial for weathering the Chesapeake’s elements. Investing in new roofing not only enhances structural integrity but also yields a solid 100% return on investment, ensuring both safety and financial gain.
Garage Door Replacement (100% ROI) The garage door is a prominent feature of any property's exterior. Upgrading to a new door not only improves aesthetics but also offers a remarkable 100% return on investment. It's a cost-effective way to enhance curb appeal and attract potential buyers.
Fiber Cement Siding (86% ROI) With its resistance to weather and durability, fiber cement siding is well-suited to the climate of the region. Investing in this upgrade yields an impressive 86% return on investment, enhancing both aesthetics and longevity.
Vinyl Siding (82% ROI) For homeowners seeking a durable and low-maintenance exterior solution, vinyl siding presents an attractive option. With an 82% return on investment, this upgrade not only enhances curb appeal but also offers long-term value and protection against the elements.
Vinyl Windows (67% ROI) Efficient windows are essential for maintaining comfort and energy savings in any climate. Investing in vinyl windows, known for their durability and energy efficiency, yields a respectable 67% return on investment. It's a prudent upgrade that enhances both curb appeal and functionality.

There’s no doubt about it—home improvement projects tailored to the regional Chesapeake market can significantly enhance both comfort and property value. Whether considering interior renovations or exterior upgrades, strategic investments offer the opportunity to elevate your home's appeal and competitiveness in the local real estate market. For my up-to-date tips on real estate trends and available properties in the area, visit: https://bit.ly/3VOyfhA