Don’t Bring Down the Value of Your Home – 6 Mistakes to Avoid

value of your home – Being a homeowner can be fun. In fact, there are numerous twists and additions to improve the value of your home. If you are an enthusiastic kind of person, there are lots of home stores that can cater all your needs to make home improvement fun. However, before going into the project planning mechanism, slow down!  It is necessary to be choosy with all the added decorations because some little changes can lessen the value of your home. But every home as well as region differs a lot and these comprise general trends. Some home decorations are not applicable to your present situation. However, you can use this information as your guide. But be sure to check out with some professionals before making any decisions.

value of your home

 

The following are the things that you need to double check;

  • Don’t consider bedroom removal

If you are a person who loves to convert any vacant room into a home gym that you are dreaming, then think twice before doing it so. The number of bedrooms affects the value of your home. So, think twice before converting one bedroom into a home gym. If you think, this is important for you, make sure that the changes could meet the bedroom’s building code because this can vary. Check the help of the professionals when doing the job. Take note that if that room still meets the building code, the expected value will totally drop if it is utilized out of the ordinary. In case you are planning to sell the home later on, it is better not to convert the room.

  • Don’t do common renovations

One way to increase the value of your home is to install a kitchen island. However, imperfect renovation is very easy for some potential buyers. If the renovation needs a little more tweak, then there is a possibility to lower the offer. To avoid future problems, consider the advantage and the disadvantages of doing home projects.

  • Don’t display satellite dish

This is a very important thing but this can lower your home value if you won’t correct it. It is interesting to see hundreds of channels on your HDTV but it is not good to display your satellite dish in the front of your home. Displaying satellite dish could curb the appeal of the prospect buyers. Let your satellite dish installed in the place where it could not be seen immediately by potential buyers.

 

 

  • Don’t practice irregular home maintenance

Big renovation for your home can increase its value immediately but having a regular maintenance is very important. In fact, without regular maintenance can already lose at least 10% of your home value. Regular maintenance of your home does not only protect the value of the property. But this can as well boosts the curb appeal and prevent future problems that could turn into an expensive repair in the near future.

  • Do not smoke inside

According to the survey, smoking inside your home can lower its value for almost 29%. This is due to the fact that fire caused by the cigarette butt that is still burning and it is best to smoke outside of your home. This can lower the risk of fire and also the smell of your home.

  • Do not install an above ground pool

A home with a pool can increase its value up to 11%. However, an above-ground floor pool is not appealing and not popular anymore. Due to the fact that above ground pool is not appealing, prospect buyers may focus on the negative side of the pool like hazardous to children and the maintenance could be costly.

  • Don’t buy inexpensive or over-the-top fixtures

Prospect buyers are interested to fixtures. When choosing fixtures, opt for quality one that are not too stylish. A clean and simple quality fixture can beat those cheap or expensive ones. So go for quality yet affordable fixtures.

  • Don’t add expensive priced Items that do not fit the neighborhood

It is not a good idea to put personal basketball court while some neighborhoods are sweating just to pay their cable bill. The chances are, you won’t recover the money that you spent in that luxurious amenity. This will scare away potential buyers later on when you decide to sell the house. A good rule for this, is to consider the average income of the neighborhood and the potential buyers, then maintain the average range. By avoiding these mistakes above, you can boost the value of your home and future selling is not a problem anymore.

 

Posted by My First Home Blog


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