Home Renovations that Will Hurt Your Home’s Value
It is human nature to make different amendments and renovations to your house as per your likings, needs, and wants. While many of these improvements you make would add up to the resale value of your home, some might negatively impact it. This would decrease your home's value and cost you losses in the future. Therefore, it is necessary to avoid any kinds of home renovations that would hurt your home's value.
Here are the home renovations you must avoid to ensure a profitable home value.
Out of the Blue Light Fixtures
Many unique and somewhat crazy lights and lighting fixtures are continuously showing up in the markets. Seeing these latest and trendy designs might manipulate you to get the same for your home. However, you must keep in mind that all these funky trends last for only a short time and would get outdated in the next few years. These might not look appealing to potential buyers whenever you decide to sell your property, and hence, it would decrease your home's value.
Excessive Wallpaper Use
While wallpapers look good in homes, excessive use would cause a nuisance to you in the long run. Having a lot of walls covered with wallpaper might get very overwhelming and unappealing in the eyes of potential buyers.
Additionally, removing them would also require a lot of time, money, and effort since removing them can further damage your original walls. You would then have to spend extra in repainting your walls to hide any damage. Therefore, it is best to have neutral tones painted around the house to get cheap touchups done before selling the house, if necessary.
Textured Walls
If your walls and ceilings have texture on them, many potential buyers might get turned off by this. Many people prefer having plain, smooth walls. Having to remove the texture and smoothen the walls again would seem like a time-consuming additional project for the buyers; hence, it might lead them away.
Funky Tiles
You might think getting funky tiles that are currently trending is a cool thing to do. However, you should also think from other's point-of-view. What tiles suit your liking and vision might be off-putting for the potential buyers, and they would have to replace them with something more toned-down and as per their taste. Many buyers would turn down the deal since it would eventually cost them a lot more money.
Incredibly High-tech Kitchen
The kitchen is one of the most important places around anyone's home, and people spend a lot of money furbishing it as per their needs. However, many of the flabbergasting and extremely modern, high-tech kitchens cost a lot to make but do not reciprocate the same value once the house is up for sale.
You should also note that removing all your built-in equipment from the kitchen might even lead to additional damage to the infrastructure. At such a point, it is beneficial to have a first home buyer warranty that would help you cover the cost of any damages that may occur while selling the house. This would also take care of any repairs needed, saving the finances of both the homebuyer and the seller.
High-end Bathrooms
Having a well-furbished bathroom with modern appliances is a great idea. However, if you get too carried away in equipping it with all the luxury attachments that are not of comfortable use to other people, it would negatively impact your sale. For example, a large, whirlpool bathtub might be fun for you to install but would be problematic for others due to its high maintenance requirements and difficulty in climbing into it. Instead, getting a simple yet elegant glass-door walk-in shower would intensify both the beauty and usability of your bathroom.
Large, Built-in Fish Aquarium
A built-in fish aquarium would be great to make your home more stylish but only for someone who loves marine life and can take care of the fish. On the other hand, this huge built-in aquarium would not be appreciated by buyers who are either not interested in the fish or do not want to spend extra on the tank's maintenance. Hence, driving them away from making a deal with you.
Final Thoughts
Getting home renovations is appreciated since it ensures that your house stays up-to-date, clean, and fresh. However, while making any home improvements, you must always consider what would look best for your house in the long run instead of just getting things done based on what you like and what is trending in the market.
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