Renovation Return on Investment (ROI) measures the financial benefits of home or property improvements. It helps homeowners and investors decide which renovations will increase property value and attract buyers or tenants.

• Cost vs. Value: Some renovations (kitchen updates, energy-efficient windows) yield high returns.
• Market Demand: Upgrades should align with what buyers or tenants seek.
• Aesthetic Appeal: Enhancements in curb appeal can significantly boost home valuation.
• Over-Improvement Risk: Spending beyond neighborhood standards may not be cost-effective.

Understanding renovation ROI helps property owners invest wisely in improvements that maximize property value and rental potential.