When it comes to renovations, what should you do? When should you renovate and when should you leave it alone? Well, first of all, you should do renovations solely because you want to. Renovations do not make you money. Even the most successful improvements cost more than the amount of value it will bring to your home. If you do a kitchen renovation, for example, you’ll recoup 92 percent of your money. Bathrooms, you’ll make back 90 cents on the dollar. Other areas, you will make back much less. But you shouldn’t do renovations to make money, so it shouldn’t matter.