We’ve been writing a lot about ways to improve the value of your home in recent weeks, but today we’re taking a look at home renovation projects from a completely different angle. Below, we’ve shared a list of renovations that can actually hurt your home’s value, courtesy of Dan Rafter for WiseBread.com. Be smart people!
Rafter says that while an in-ground pool might seem like a great addition, many buyers won’t buy a home with a swimming pool because of the upkeep and potential dangers that come along with it. Rafter says that if you have to have a pool, go with an above-ground model that can be removed at selling time.
A Permanent Home Office
Rafter says that while a home office is convenient if you work from home, an extra bedroom is actually more appealing to buyers. A home office with permanent shelving units and built-in cabinets can actually turn off buyers looking for an extra bedroom for their kids, says Rafter.
Turning That Garage Into a Bedroom
Rafter says many buyers demand a garage when purchasing a home, so resist the urge to turn a garage into a bedroom to make way for your growing family.
Too Much Landscaping
Sure, a big garden with lots of flowers might be a “relaxing oasis”, says Rafter, but an overly landscaped backyard requires a lot of upkeep and many buys don’t want to “spend their weekends in the dirt.”
Too Much Color
Rafter says most buyers would prefer homes to be a neutral white so he recommends shying away from bright colors that can be a turnoff.