Home Improvement Projects That Won't Increase Resale Value

If you're getting ready to sell your home by giving it some upgrades, there are some projects you're better off skipping. Check out these home improvements that won't get the returns you're after.

Skip These Home Improvement Projects

Many homeowners who are planning to sell their home don't put it on the market right away. Instead, they start off by making some improvements and adjustments to their home so that it sells for a higher price. If you're deciding what projects to take on before listing your home, you may want to skip the ones that don't typically bring the returns you're after.

Adding a Swimming Pool

Most people love swimming pools and the idea of having one right in the backyard is great. The reality is that it may not be as simple to maintain and families with small children may be wary about having one at home. Even if people were to be interested in having a pool, you have to consider how much it would cost to have a pool installed in your yard versus how much they would pay for the home. While it can add some value to the final appraisal price, this doesn't mean it'll offset the cost you paid to get it.

Converting Your Garage

A converted garage can look great and offer even more indoor space for larger families, but these types of upgrades aren't always going to be seen as a good thing. In fact, a home appraiser may not even see this space as more 'livable' indoor space if it doesn't have windows, heating, a proper roof, and other necessities. In many cases, potential buyers won't be happy about this conversion either. Since a covered parking space is often something people want, taking this away from the home can lead potential buyers to lose interest in the property. Think about it this way, would you want to park your car in the driveway through the hot summer or on snowy days? The damage this can cause to your will mean even more repair fees, making you wish you had a covered space to store your car.

New Flooring

Flooring can be a tricky one because there are some cases where this may work. In most cases, the flooring won't make too much of a difference because buyers are likely to replace it after moving in, meaning you could have kept your old flooring and had the same results. Since new flooring can be quite pricey, it may be better to skip this and instead focus on getting your current flooring to look its best. If, however, your current flooring situation is awful and you're worried potential buyers will lose interest because of it, then new flooring may be worth the investment. Be sure to purchase title insurance in Fort Myers to protect your investment. To learn all about the importance of title insurance, contact the friendly experts at Schutt Law at (239) 540-7007.

High-End Upgrades

High-end upgrades seem like a good idea because who doesn't want a brand new kitchen with the latest gadgets and appliances? The reality is that it's still a kitchen, so with or without the high-end countertops and appliances, buyers will simply see a nice kitchen. They won't understand how much was invested in this space, so they won't want to pay what it's actually worth. Also, don't forget about the rest of your home. If your kitchen is fully renovated, brand new, and super modern but the rest of your home isn't, this won't look good. In fact, it can be detrimental to overall price of your home.

Over the Top Landscaping

Everyone wants a lush, green yard, but that doesn't mean you have to redesign the whole exterior area. A nice yard can give your home great curb appeal and draw more attention to it, but this can be achieved with some basic gardening and lawn care. Hold back on investing too much into your outdoor spaces with luxury items and exotic plants that the new homeowner may not even like. In many cases, you won't get back what you invested. Instead, focus on keeping your lawn tidy and simple and let the new homeowners decide if they want to make upgrades.

Updated Windows

New windows may look great, but they come at a heavy price. In fact, getting new windows for a home can be very expensive. Instead of doing this, focus on the window frames. If these are looking worn or have issues like leaks, then get these parts replaced. It'll be more cost-effective while making your home more appealing.

Purchase Title Insurance in Fort Myers

Protect your home investment with title insurance in Fort Myers. The title insurance experts at Schutt Law can answer all the questions you may have. Give them a call at (239) 540-7007 to get your questions answered.