Home Improvement and Renovation Projects to Avoid
Posted by Century21Thomas | Friday, December 27, 2013

Many home owners try to add value to their investment and make it more valuable. People hope that through renovations and alterations they add value to their home. Unfortunately, that is not always the case. Real estate agents and appraisers agree that many such changes add little to no value, while in some cases accomplish the opposite effect, dragging down the value of a home.

On the other hand, you don't want a lack of upkeep to have a negative impact on your home and its value. When you decide to start a renovation or addition project, the best way to avoid mistakes is to think like a buyer. What are such mistakes? Here are a few examples, but keep in mind that the list of renovation or improvement projects that can hurt the value of a home is much longer:

  • it is easy to over do it for the neighborhood you live in, turning your home into a pricey outlier;
  • invest a bunch of money into a single project while the rest of the house remains untouched;
  • remodel the home too much by the personal taste and style;
  • additions to the home that are not functional and mess up with the floor plan;
  • be cheap by adding the disastrous above-ground pool that no home buyer loves.

Since today's typical buyers plan to live in their homes for just five to seven years, it is more important than ever to consider resale when making home improvements. Read this article to learn more about 14 home project faux-pas and tips on how to avoid them.

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