Renovations are a mixed bag for people who want to improve their property and add value at the same time. Some renovations can dramatically increase the value of your home, often for a relatively small amount of money, but some expensive renovations can actually decrease your home’s value. Here are a few renovations to not do in your home if you want to increase it value.
1. Convert the Garage
While you may want a really amazing man-cave or a private office for your home business, people who want to buy your home want the garage to be a garage. Over-investing in converting your garage into something else is not only incredibly expensive, but it’s almost guaranteed to slow down the sale of your home, costing you money along the way.
2. Cover Your Yard in Pavement
Sure, pavement doesn’t need to be cut as often. Yes, you can make very cool rock gardens with pavement. There are benefits to living with a lawn that isn’t just grass, but people who want to buy your home want to buy a lawn. Sodding is expensive and finicky, a task most home buyers won’t want to do, so they’ll simply look for a home with actual grass on their lawn.
3. Exchange the Tub for a Shower
While showers take up less room and can really open up a bathroom, looks-wise, replacing your tub with a shower is not a great idea unless the tub really needs to go. People like having the option to take a bath in private. Taking away the baths means taking away their choice, and buyers are used to options. You can certainly get rid of one bath if it’s a great project, but taking out all of them will lead to trouble when it’s time to sell.
4. Creating Door-less Cabinets
The fronts of your cabinets may look old and decrepit, but it’s far less expensive and far more prudent to sand them down and paint them than it is to remove them altogether. Many people simply take their cabinet doors off, pretending it’s some sort of newer and more convenient approach to kitchen organization. The problem is every single dish and glass becomes part of you kitchen’s decor, and the chances of things falling and breaking goes up substantially. If given the choice, keep the doors.
There are some renovation ideas that seem great in theory but are actually terrible in practice. Try to avoid such projects, sticking to renovations that can increase your home’s value and curb appeal. You’ll save money in doing so and might even sell your home for more than you expected.Posted by Gurpreet Ghatehora on