Value Killers: Avoid Renovation Regrets at All Costs!

In a world of rising interest rates and mortgage costs, it’s crucial to max out your home’s value. We’ve got homeowners and real estate agents spilling the tea on renovations that can tank your home’s worth. Here are the renovations that may decrease the value of your home:

13. Cheap or Trendy Fixtures

Stylish Light Fixtures
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When updating fixtures in your home, be cautious not to opt for cheap or overly trendy options. Fixtures that quickly go out of style can make your home feel dated, and poor-quality fixtures may not withstand the test of time. Invest in timeless and durable fixtures that appeal to a broad range of tastes.

12. DIY Garage Conversions

Garage Entertainment Area
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Converting your garage into a personalized space might seem like a great idea, but it can be a turn-off for potential buyers who prioritize covered parking. DIY garage conversions can sometimes lack the professional finish and structural considerations, potentially decreasing your home’s value.

11. Swimming Pool

Swimming Pool
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Although a dip in the pool during a hot, humid day sounds like a luxurious addition, pools only add value to homes when you live in a hot, humid environment for most of the year. Since pools cost a fortune to build and typically interest families with kids, the “pool” of interested buyers depreciates and can decrease the value of your home.

10. A Hot Tub

Hot tub with candles ready to take a bath.
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Like built-in pools, hot tubs only apply to a slim margin of interested buyers. If you have kids, hot tubs pose an imminent danger to young kids, requiring constant money and maintenance to upkeep the tub. Plus, if you live in a humid environment, hot tubs may be a downside to the property.

9. An Aquarium

Aquarium In Home
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Many people today adore tending to a built-in glass aquarium full of several species of marine life. However, what some may need to learn is the constant work required to maintain a built-in aquarium. My best friend had a fish tank and donated the contraption due to the tank’s continuous water filtering and cleaning. Also, if an interested buyer doesn’t like marine life, you’ve lost some income.

8. Fewer Closets

Woman in robe is standing and holding white wire basket of folded bed sheets near organized linen closet in bathroom.
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Homeowners love closets. They need extra space for storage, especially when moving from an apartment into a house. By removing closets and installing additional rooms, homeowners need to spend more money on furniture to hold extra clothes and goods. In turn, the homeowner wastes money on furniture, and the home value dwindles.

7. Fewer Bedrooms

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Sometimes families with young kids merge smaller bedrooms together to conserve space. When these kids age, they crave their own space, and when they move out, guests must dwell in the merged bedrooms, remiss of privacy. Instead, place less furniture and paint the walls a warm color to increase the value of your home.

6. High-End Additions

Luxurious Living Room
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Everyone values their own taste. Many people adore black and white tile, while others despise the retro look. Suppose you impose too much high-end personal preference in your house. In that case, the potential pursuer may get overwhelmed and take their money elsewhere.

5. Excess Wallpaper

Wall Paper UVP23 H3 Visionary Homes D Copperhaus Design (42)
Photo Credit: Remodelaholic.

As mentioned above, personal taste is excellent when living in a house. Still, when marketing a home, you need to make it appeal to your largest audience. That means limiting wallpaper and wacky designs while maintaining neutral decorations. Wallpaper can cost up to $1,000 per room, which isn’t a deposit you’ll likely get in return.

4. Electronics

Smart home assistant speaker on kitchen worktop in home setting
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The digital world appeals to younger generations, who most likely aren’t buying homes yet. So, avoid installing smart fridges and complicated televisions so you can market your house toward a population likely to purchase the house. Only some people want Alexa to control their lights.

3. Carpet

Contemporary living area with designer furniture and carpet
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Carpets do nothing for the value of a home. The worst thing you can do before selling a house is wrapping hardwood floors with carpet. The shine of a solid wood floor attracts buyers and adds numbers to the projected price of your home.

2. Sunrooms

open plan living area with sliding door and garden
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Despite sunrooms attracting potential homeowners, appraisers don’t always include the sunroom’s square footage in the house’s description. This means that despite the money you put into the sunny room, the value won’t show up on the price tag.

1. Themed Rooms or House:

Sea Themed Bedroom Design
Photo Credit: Remodelaholic.

This amazing dream bedroom may be the dream of you 8 year old, but will it age well?  How will she feel about it when she is 17?  Stay away from extensive or immersive  themes, as they may make it harder for a buyer to see themselves in the home.  Even if it is done impeccably.

Pro Tips: Skip These 13 Bathroom Design Mistakes!

Man No Please
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As an interior designer, I’ve had the privilege of transforming countless bathrooms into stylish and functional spaces that reflect the personalities and preferences of their owners. Over the years, I’ve come across numerous design choices that make me cringe.  In this article, I’ll share my insights on several design elements I’d never include in a bathroom.

Revamp Success: 11 Decluttering Mistakes to Dodge!

Woman Avoid This
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Your living space can be a refreshing and freeing experience. From sentimental attachments to disorganized junk, here are the top eleven decluttering mistakes to avoid for a more streamlined and clutter-free space to live in.

Living Room Mistakes: Remove These 10 Items Now!

Irritated Girl
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In this blog, we’re going to highlight ten common living room mistakes that could be holding back the full potential of your space. You should remove them now!

Kill These Mood-Killers: Your Home’s Silent Enemies

No Way Pose
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In this blog, we will explore these hidden culprits that can negatively impact your home’s atmosphere and suggest ways to eliminate them, helping you create a truly harmonious living environment.

Gabrielle Reeder
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