If you’re planning on putting your home on the market, it’s essential to know which remodeling projects offer a substantial return on investment and which ones do not. Here are five home remodeling projects that don’t offer so much return on investment.
1. Swimming Pools
Everybody loves a fresh, sparkling swimming pool in the summertime. But when it comes to adding value to your home selling price, pools are more of a liability than an asset. First of all, they’re expensive to install and maintain. Secondly, many homebuyers view them as a safety hazard, especially if they have toddlers.
2. Built-In Electronics
A smart house can be a real selling point these days. But beware of going overboard with the built-in electronics, as they tend to date quickly. What’s the latest and greatest now may not be preferred in a few years. And homebuyers may have brand preferences and could eventually replace what you’ve installed.
3. Carpeting
Carpeting is a big no-no when it comes to home renovations that increase your home’s value. Many people view it as dated and difficult to maintain. If you must have carpeting, choose a neutral color that will appeal to a broader range of buyers.
4. Room Conversions
Tearing down a wall to create a more open floor plan might seem like a good idea, but it could actually hurt your home’s value. Most homebuyers are looking for homes that have a designated space for each room. So, that wall that separates your kitchen and dining could just be perfect for the next owner.
5. Extravagant Landscaping
You may want to create your personal Jurassic park, but that doesn’t mean everyone will appreciate it. Lavish landscaping can turn potential buyers away and make selling your home harder. Stick to more subdued, classic landscaping that will appeal to a broader pool of potential buyers.
Do You Plan to Sell Your Texas Home?
If you’re looking to renovate your home before selling to make the most of your investment, it’s important to choose your remodeling projects wisely. And if you would love to work with a Texas realtor who can help sell your home fast, call us at (281) 717-4412. We’ll be happy to help you get the best return on your investment.
