Many things can enhance the value of your house when you sell it – like top-quality bathroom tiles, having an open-plan kitchen, or a well-constructed garden shed. But, if you’re thinking of adding one of the below features to your house, you may want to reconsider because these are notorious for making houses less desirable.
People often tend to associate having a pool with wealth, so it may sound surprising that pools can lower your home’s value. In wealthy neighborhoods where everyone has a pool, then there’s no harm in having one. But in middle-class areas, pools can be a disadvantage – especially if they are not well maintained. If you need to do renovations on your pool to help sell the house, that can also be quite expensive. Potential buyers may be wary of buying a house with a pool because of the maintenance costs involved or if the pool covers a large area of the garden.
So if you’re considering a new pool, you should first look at whether other people in your area also have one. If not, be realistic about what it could do to the value of your house.
You may be tempted to convert two bedrooms into one large bedroom by knocking down the adjoining wall, or you may even want to convert one of the bedrooms into a bathroom.
When you sell your home, many buyers will be specifically looking at the number of bedrooms that a house has. And if yours has one less than it did before because of conversion, then your house may not be as appealing. Having a big extra bathroom won’t boost the value of your home as much as having an additional bedroom will.
Poor DIY work
Many homeowners love to do DIY projects, in part because they are often less expensive than hiring a professional to do them. But if they aren’t done well, they can bring down the value of the house. To be fair, even professional renovations can detract from the value if they aren’t done well. If a buyer gets the feeling that there’s a lot of work that will need to be done on a house after they purchase it, then they may offer a reduced price or maybe put it off altogether. Therefore you must ensure top-quality workmanship on any home improvements.
Some homeowners decide to convert their garages into home gyms, home offices, or spare rooms. Unfortunately, that can harm property prices. Therefore, if you do decide to convert a garage, try to do it in a way that allows you to turn it back into a garage when the time comes to sell.
Bright colors are a personal preference – some people like them, and others don’t. It’s safest to use neutral colors when you paint house doors and walls as those will appeal to more people. While you might like doing things differently from the norm and using unusual paint colors, it might put a lot of people off from buying your home if they can’t see past the color. Wallpaper with unusual, dated, or bright patterns can have the same effect, as it’s usually highly individualistic.