Home Owners' Seven Deadly Sins
Here are the seven deadly home-improvement sins to consider before committing to projects that may work against you and lessen your resale value.
- Over expanding. Outdoing all the homes on the block is never a good idea because it makes the house more expensive than the others and therefore harder to sell. And do you really want to be the only 3 story Colonial with all the small ranch style Homes?
- Making your home into something it’s not. Changing the style or the architecture is usually a big mistake.
- Changing the purpose of a room. Keep kitchens as kitchen and baths as baths. They were built that way for a reason.
- Under budgeting. People routinely under budget 20 or 30 percent fewer dollars and underestimate even more in guessing the time the job will take.
- Doing the job yourself. Unless you have first-rate skills, hire somebody who does. Let the professionals do their job!
- If it’s not broke, don’t fix it. Don’t waste money on renovations that won’t pay off. Buyers won’t necessarily pay for what makes a seller happy. Siding, windows, kitchens and bathrooms are the home improvement winners, according to Remodeling magazine.
- Neglecting regular upkeep. They may seem boring, but cleaning the gutters, keeping the house painted and trimming the shrubs are the most valuable home improvements. Declutter your home!