Five Worst Home Renovation Projects

Tips and Advices | August, 26 2014

Five Worst Home Renovation Projects

home renovation project  Five Worst Home Renovation Projects home renovation project

Whether for resale or for personal enjoyment, home renovation projects have the ability to make or break a home’s return investment. Surprisingly, some of the most popular home renovation ideas actually detract from the home’s value, which lowers the homeowner’s return investment.

When it comes to remodeling for the purpose of resale, be practical and avoid these top five remodeling disasters:

1. Home Additions

Despite the added square footage home additions provide, there is only a 56 percent return investment. The additional square footage is not enough to compensate for the expense of city code permits, zoning permits, materials, and labor.

Instead of looking to build outwards, look to build upwards, meaning you should look to utilize every available area in your home to its full potential. If you have an attic space or unfinished basement space, they should definitely be finished because they add immeasurable value.

Finishing the attic or basement space can be a perfect area to rent out, which offers a supplemental income, or can be used as a “mother-in-law” space. Potential homebuyers will be extremely interested in these options, because they have the choice to utilize the space for themselves, or rent it out. As a seller, these ideas make your home much more valuable.

Look to finish the spaces with clean design touches such as hardwood flooring, freshly painted walls, new windows, and, if possible, a small kitchen or kitchenette. Check out hardwood flooring installation in Los Angeles or wherever you’re located to make the renovation as easy as possible.

2. Bedroom Conversions

The amount of bedrooms are often the main selling point for a home, thus converting a bedroom into something else, or getting rid of it all together can severely hurt your home’s value. Using a bedroom as an office, playroom, or sewing room is fine, for as long as it has a closet, potential buyers will be able to envision it as a bedroom. However, if the closets are removed, the space cannot technically be listed as a bedroom. Plus, homebuyers will not appreciate having to add in a closet in order to acquire extra storage space.

3. Hot Tub

Although having a hot tub is an impressive feature, the amount of money it costs to install one will not generate enough on the return investment. Even though it is an attractive selling point, it still is not worth enough to add a significant amount of value to your home.

4. The Backyard

Curb appeal is definitely important to a home’s resale. However, an overdone home can detract from the value as much as a poor, dilapidated curb appeal can.

Homebuyers are typically looking for a home that is effortlessly beautiful. Stick to low-maintenance landscape because it appeals to the majority of buyers. It’s both beautiful yet easy to maintain.

5. Textured Walls

Most homes have subtle texture on the interior walls, which is not a problem. But, walls that have been treated with additional texture such as concrete, wallpaper, or tissue paper usually is not appreciated by the majority of homebuyers.

 

Image Source: www.dexknows.com

RELATED POSTS

WHAT DO YOU THINK

  • Ding Lany
  • Pingback: Amazing Decorations with Mirrors that you will love()

  • Great selection of inspiration sources, but are they blogs or interior design magazines?

  • Glass Balustrades Brisbane

    Like you mentioned, glass fencing is definitely more sophisticated looking and goes well with today’s modern trends. The glass also doesn’t obstruct light from coming into any area. It makes any room look more spacious with its translucent characteristics. Great article on embracing natural light in the home!

    http://www.alsglassworks.com.au

  • sunil tripathi

    Tribuz interiors is the best interior designers & decorator In Delhi NCR. Tribuz interiors are specialized in residential, commercial & hospitality turnkey projects. Tribuz interiors not only help with designs but also to restructure the dream homes.

  • Weblog

    This post is just mesmerizing! OMG <3

  • Linda Marie Spencer

    This article is great, guy from Design Build Ideas! It will be super helpful for sure. Thanks!

  • Very nice design with colorful images and attractive post.. I really fell in love with these designs.. Thank you for sharing..We are Appliance Parts and Supplies with Maytag Appliance Parts, Bosch Appliance Parts, Amana Appliance Parts and more for dishwasher parts, washer parts, dryer parts and more,…,..