Projects that Don't Add Value When You Go to Sell Your San Francisco Home
There is no simple way to discover which home-improvement projects will yield the highest return when you're ready to sell your home. There are many variables that come into play such as the state of the real estate market when you put your San Francisco home up for sale, how old your home is, and the style of your home.
Here are several costly projects to pass up if you want to get the biggest bang for your bucks:
Extravagant Landscaping
Buyers expect a well-maintained yard; they don't expect the home's value to increase because of it. Beautiful landscaping may encourage potential buyers to take a closer look at your City home but it most likely will not add to the selling price. If a buyer is unable or unwilling to put in the effort to maintain an elaborate garden, it becomes a negative feature rather than a positive one.
High-End Upgrades
Buyers don't want to see the absolute cheapest renovations in a San Francisco home for sale, but they also don't want to pay more for the highest-priced upgrades that they don't need. Marble countertops in a kitchen and a built-in sauna in a bathroom are nice, but unless you have a high-end home in a high-end neighborhood, don't expect to get your money back from these upgrades.
Don't spend thousands of dollars on a home-improvement project that will not increase your home's value when it comes time to sell. Do spend money on projects that will make your home a wonderful place to live in now and that may increase the selling price when you're ready to sell.
Are you ready to sell your home? Patten and Monfredini can help. Give us a call today at 415-345-3133 or email us at lmonfredini@pacunion.com
Links:
Well-maintained yard
Increase the selling price
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