When most people are selling their homes, they try to make a number of improvements to add value to their property. To be sure, there are a number of home improvements that you can make that could have an appreciable and significant effect on your bottom line. However, there are some home improvements you should avoid. Not only could these lead to a sunk cost on your part, they could also ultimately decrease the value of the property that you’re selling. Let’s take a look:
- Getting Rid of Bedrooms: There’s no telling what kind of family the homebuyer who wants to purchase your home might have. They may have a few kids, or they may have none. They may have a large extended family, or they might not. Whatever the case, having extra bedrooms is always a good thing. So, don’t consolidate bedrooms into larger rooms before selling your home. This will limit the potential buyers that could be interested in your property.
- Outdoor Living Space: If you live in a region where the weather is always perfect, then by all means go crazy with the outdoor living space. Otherwise, be careful! While that outdoor living space can be great during the summer months, it’s entirely unusable in the colder months. It may add value for you and your family, but there’s only one thing on the mind of a potential homebuyer: “How much am I paying for this space that I can only use a few months out of the year?”
- Hard-Wired Electronics: You love your surround sound system. We know you do. But, not everyone’s as big of a movie buff as you are. And, when a potential homebuyer is considering purchasing your home, they might be thinking about how they want to rip out that sound system that you have installed. If you have one already, that’s fine. But never, under any circumstances, add hard-wired electronics before you sell your home.
Of all the potential home improvements you can make that might work against you, these are the chief offenders. However, there are more!
If you need help with selling your home and getting the maximum value out of it, then you need to work with We Say Sold. Our flat fee keeps more money in seller’s pockets, and our skilled agents know how to sell and how to extract maximum value from buyers. What have you got to lose? Get in touch with us today.