The more money you put into your home, the more you get out of it, right? While there are some minor maintenance tasks that you will need to do to ensure your house is sellable, some renovation projects aren’t guaranteed to provide a return on investment. Think twice before undertaking any of these home improvements, as they may not necessarily add value to your home.
Courtesy of Homes to Love
Unless a potential buyer is specifically on the lookout for a house with a pool, you’ll appeal to more buyers without one. The space and maintenance a swimming pool requires can sometimes make it more hassle (and money) than what it might be worth. Families with young children, in particular, may be hesitant to buy homes with pools due to the dangerous liability involved.
Not everyone is a budding landscape gardener, and if your backyard looks like it’s going to require a lot of upkeep, you may deter potential buyers. A beautifully mowed lawn and trimmed native bushes are appealing and easy to maintain for most people, but exotic flowers and quirks like stone walls and fences are taste-specific and won’t necessarily add to the overall value of your property.
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An immaculately renovated bathroom is a huge drawcard, but if the rest of your house is dated and in need of a facelift, the bathroom will simply highlight the work that needs to be done elsewhere. High-end upgrades are great for high-end homes, but if your house is in the mid-price range, you may not be adding value by adding an expensive marble countertop or state-of-the-art appliances.
Having carpet throughout your home may seem like an easy way to unify the look, but it’s rarely worth the investment. Many home buyers prefer a mix of carpet and hardwood floors. Too much carpet can be a nightmare to clean, plus your chosen color may not fit in with the decorative vision of others.
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Fixing faulty wires and dripping taps are essential for ensuring your home is sellable, but while little improvements like new door knobs or brand new kitchen appliances may look chic, they won’t always translate into an increased price tag. The same goes for upgrading things like your hot water system or laying new turf to replace a poorly-maintained lawn; buyers will consider these as necessary indicators that the property has been kept in good condition and won’t want to pay extra for the privilege.
This post was written by the editors of Homes to Love. For more, check out our sister site Homes to Love.
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