Which Home Updates May Not Add Any Actual Value?

Posted by on Thursday, January 31st, 2019 at 11:19am.

Bad Home Renovations That Can Make Your Home Be Worth LessIf you're considering updating the home or renovating a room, you may want to take a look at this list. This list will explain that there are some home updates that have proven to not add any value to homes. It can get pricey to do remodelling projects and home repairs to keep the home in top notch shape.

While some projects are going to add beauty to your home especially in the bathroom and kitchen areas, you may want to pay attention to what is actually going to be useful down the road when it's time to sell. Some projects may end up being an eyesore or too expensive to maintain. Check out this list of home updates to consider avoiding in your home.

Carpet

Many people think carpeting the whole house is a great way to attract buyers. It's more comfortable and is great during the cold months but the issue is, the carpet will start to look dingy overtime. Hardwood floors, tile and other hard surfaces last longer.

Buyers may even find out that there are hardwood floors under the carpet and want to lower their offer duet to the cost of removing the carpet you've installed. Consider the long term effects of too much carpet and consider rugs on your hardwood floors instead.

Landscape

While a high maintenance landscaping can make your home look beautiful, it's going to require a ton of time and money to make it happen. A beautiful garden and landscape takes time, money and water to maintain and an average buyer might look at it as too much work. Plus the water bill will increase for you and a future buyer. Skip the expensive plants and shrubbery because this will add no value to the home.

Pool

Swimming pools are great for the hot summer days, but are they worth the work and money? Many home buyers see a pool in a home and think it's going to be too costly. Pools don't add much value to the home and may not even be used that often to be worth the investment.

Finally, be sure not to design any rooms to be too specific. Adding a fitness gym or a princess bedroom is not going to be easy to sell down the road when a buyer is looking for a home with bedrooms and a home office. Make sure rooms have a general purpose.

Why Some Improvements Are Better Than Others

Choosing home improvements doesn't just come down to choosing the one that will give a homeowner the most pleasure. Homeowners should also be considering which will hold their value. There are also ones that could even hurt a home price when it comes time to sell.

The first thing to consider when choosing a home improvement useful it will be once it is in place. A swimming pool, for instance, has limited utility in a cold climate. It's fun in the summer, but an added maintenance cost during the times it's not in use.

Improvements that add curb appeal, like landscaping or exterior upgrades, are ones that people enjoy every time they approach the house. Minor improvements to frequently used rooms like the kitchen and bathroom are likewise better choices. 

Consider these tips before making any huge home updates to your home.

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