Home Improvement and Renovation Projects to Avoid

Home renovations
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.

6 comments:

  1. If you’re in doubt of any unpleasant growth in your house, you should simply assume there is a problem whenever you see mold or smell mold odors. Testing should never take the place of visual inspection (which is recommended) and it should never use up resources that are needed to correct moisture problems and remove visible growth.
    People used to think that molds were harmless but it isn’t. The fact is, some molds produce a toxin called aflatoxin (toxic and among the most carcinogenic substances known) that causes illness and death in people.
    Sometimes, mold growth is hidden and difficult or hard to locate and find. In such cases, carefully conducted sampling and visual inspection may help determine the location of contamination. However, mold testing is rarely useful for trying to answer questions or inquiries about health concerns. For more information, see mold testing services

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  5. Hi, Thomas . Thank you for sharing this blog. You have shared nice and important points about home renovation and home improvement. Recently I have renovated my home by OurDadCanFixIt. Well, I am satisfied with their work. My budget was low but still they have managed and did quality work.

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  6. Before you spend money on those home improvements you think you can't live without, you need to consider how long you're planning to live in your home. Only a couple years? Then, you really want to pay attention to the cost versus value ratio of any extensive projects.
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    Stefanos

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