When most people considering doing some home renovations and home improvements, they are thinking that they are going to add value to their homes. However, there are some of these renovations that you can do to your home, that aren’t going to add value to your home. If you are considering doing renovations in hoping that you’re going to add value, then you should not do these renovations:
Plumbing and HVAC improvements
The one thing that will not add value to your home, is when you are renovating the plumbing and HVAC in the home. This is because these things are important to any home, and having a system that is working correctly or that are updated will not add any value to the home.
You will not hear a potential buyer ask the seller if the plumbing is in good working order. This is because this is something that really needs to be working anyway. Doing this home improvement isn’t adding value to the home.
Ornamental lighting and bright colors
Installing ornamental lighting and add bright colors to the walls of your home, might make your home more appealing, but it will not add to the value of your home.
Home owners are doing many home improvements to add value to their home, when they are considering selling it. And, the one mistake many of these owners are doing, is to buy and install ornamental lighting and to paint the walls a bright color. People might like these features, but this really is a waste of time, when selling the home.
Yes, there are so many people that are looking for a swimming pool, but you don’t want to install a swimming pool just to add value to your home. This is because there are many people that might like the home, and want to purchase the home, but they don’t like the maintenance that needs to be done to the home.
If you have a swimming pool, you can do some home improvement sand make the swimming pool more attractive, but it won’t add any value to the home. It might just avoid potential buyers that aren’t’ interested in having a pool. More explained here: http://www.investopedia.com/articles/personal-finance/071516/6-bad-home-renovations-dont-add-much-value.asp
Changing the purpose of a room
You might think that when you’re changing a room to a library or a movie room, you are going to add value to the home. But, you are wrong. This only is going to limit the use of the room, and if a potential buyer wants to purchase the home, and they don’t like the use of the room, they need to do home …