The Ridges, McDonald Highlands, Ascaya, certain sections of Anthem with views, the Willows, and TPC properties are among the best neighborhoods for renovation ROI in Las Vegas. In these areas, homeowners can purchase a home at $300 to $500 per square foot, invest $200 per foot in renovations, and see the property value increase to $800 or $900 per square foot. People will pay a premium for quality design in these locations.