When it is time to make home improvements, it is always a good idea to prioritize those projects based on what is likely to increase value at the closing table. By focusing on the ideas listed below, homeowners will earn the highest real estate returns.

1. Add square footage to your home or open up the floorplan

There is no denying the fact that consumers will pay for more livable square footage. Whether you decide to finish a basement or attic space so that it can be used for a guest room or recreational area, Forbes reports that this type of upgrade is sure to make your home more attractive to potential buyers as they compare their options.

Another popular way to increase the value of your home is to modify the floorplan so that it is more usable. Since open floorplans are considered preferable over choppy rooms, knocking down a few walls can transform any home into the open, breezy space that buyers desire.