We’ve highlighted the things that you, as a homeowner, can do to increase your home’s value before. Upon visiting realestate.msn.com, however, we came across an article that was certainly worth sharing. This article highlights ways that you can actually kill your home's value!
Inconsistency
It’s important to make sure the flow of your house, well….flows. This means spending all of your renovation budget updating one room (a kitchen for instance) while the rest of the house is hugely outdated is not the best approach. This doesn’t mean don’t take the time to update your home. Instead, be sure to fix and update the smaller issues as time goes on rather than completely putting them off for a larger project.
Too much ‘you’ in your home
In order to keep the resell value of your home up, it’s important to consider others while making your updates. Although something may seem appealing to you, it may not be practical for the majority. In viewing your home, these sorts of updates could cause potential buyers to turn away. The article gives a great example of a woman who wasn’t very big on cooking. She removed cabinets and replaced her refrigerator with two smaller dorm size fridges!! This, of course, was not so appealing to others who may have sought to purchase the home.
Above ground pools
Apparently, above ground pools can greatly reduce the resale value of your home! Studies show that most home buyers view them as an inconvenience rather than an asset to your home. If you currently have an above ground pool, there isn’t any need to worry. Simply remove it and groom your yard back to life before selling your home.
Beware of the trend
Don’t get too caught up in what’s trendy, and what’s not. Keep in mind that trends and fads only last for a certain amount of time. If you are investing money in updating your home, you may want to steer for a look more suited to stand the times, rather than something that will be out of style very quickly “think floral wallpaper”.
Not minding permits
Perhaps, one of the most potentially dangerous money pits you can fall into when remodeling, is not obtaining the proper permits. Not only could this make your home not pass inspection to resale, it could cause you to receive citations and tickets within leading in an even more expensive take-out.
These are just a few of the tips provided. Be sure to read the complete article for more.
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