Thinking about remodeling? Then consider ROI.

For many homeowners, home improvements are inevitable. In 2024, Americans spent more than $603 billion in upgrades and renovations to their homes. Whether it’s replacing worn out surfaces and materials, adding new amenities, or simply switching up the aesthetics, remodeling your home is a great way to maintain or even increase the value. The question becomes, what will be worth the investment?

81 percent of people who made improvements to their home expressed feelings of satisfaction and even happiness at their completed renovations. While it’s difficult to tie an exact dollar amount to the emotional results, you can estimate the average costs for a variety of projects and roughly what you can expect in return at the end, whether you're selling or staying in the home.

If you’re considering rolling up your sleeves, or hiring someone to do the work for you, a home equity line of credit (HELOC) from OCCU is a great way to make those home improvements happen.

Source: 2025 Remodeling Impact Report