Top Home Renovations Under $5K That Can Boost Your Home’s Value

If you're preparing to sell your home or simply want to boost its value without breaking the bank, you’ll be glad to know that you don’t need to spend a fortune to make impactful upgrades. In fact, there are several home improvements under $5,000 that can significantly increase your return on investment (ROI).

Here are 5+ smart renovations to consider if you want to maximize value and appeal to potential buyers:

1. 🚪 Garage Door Replacement

Avg Cost: $4,000–$5,000
This may not be the most glamorous update, but a new garage door can deliver one of the highest ROIs of any renovation—often over 90%. It boosts curb appeal, enhances security, and improves energy efficiency.

2. 🚪 New Entry Door Installation

Avg Cost: $2,000–$3,000
Your front door is one of the first things buyers notice. A modern, high-quality door creates a welcoming first impression and can enhance energy efficiency and security. Consider steel or fiberglass doors for both durability and design impact.

3. 🎨 Exterior Paint Refresh

Avg Cost: $3,000–$6,000
A fresh coat of paint is one of the quickest and most noticeable improvements. Neutral, modern colors can make a home look well-maintained and inviting, increasing buyer interest and overall value.

4. 🌿 Patio or Outdoor Space Upgrade

Avg Cost: $3,000–$10,000
Outdoor living is a huge selling point—especially in sunny states like Florida. Upgrading a patio with pavers, lighting, or even a small seating area can extend the living space and create a lifestyle buyers crave.

5. 🪵 Install or Refinish Wood Flooring

Avg Cost: $4,000–$8,000
Hardwood floors remain one of the most requested features among buyers. If you already have wood flooring, refinishing it can bring new life to the space. New installation? Consider engineered wood or luxury vinyl plank for a high-end look at a budget-friendly price.

Bonus: 🛁 Bathroom Updates (Small but mighty!)

Avg Cost: $1,500–$4,000
Simple updates like replacing a vanity, re-grouting tile, installing new fixtures, or updating lighting can make your bathroom feel new—without a full renovation.

Final Thoughts

If you’re planning to sell soon, these budget-friendly renovations can make your home more attractive to buyers and help it sell faster—and for more. Want personalized advice on where to invest for the best ROI in your specific market? I’d be happy to help.

📩 Let’s schedule a walk-through and talk strategy!