Not to hurt your feelings, but doing THESE THINGS are actually lowering your home’s value.
And before you scroll past… hear this:
I’m here to protect your equity.
Not all updates add value. In fact, some popular renovations can cost you money when you sell.
The rule most sellers don’t know:
Never spend more than 30% of your home’s value on renovations.
And always match the neighborhood. Overbuilding kills ROI.
Over the top kitchen renovations see a 38% return on investment. So that $100k remodel? It’ll only give you $38k when it comes time to sell your house.
Instead? Paint the cabinets or put on new door fronts, put in new countertops and hardware and call it a day.
Swapping a bedroom for a full office build out? While fun for you, you’ll only get about 45% ROI on it AND bedroom count matters when it comes time to sell.
Instead? Keep the closet and use furniture to use it as an office without deleting the bedroom.
Spa like bathrooms…I love them too, but same as with kitchens, make sure your renovations match your neighborhood.
And when it comes to putting carpet over wood floors, that’s a hard no. Buyers will almost always pay more for hardwood floors. Same goes for bold paint and wallpaper…I love it too, but know that when it comes time to sell, as your agent, I’m going to tell you to remove and repaint or be prepared for buyers to not love it like you do.
If you’re ready to sell this year and need to hire a real estate agent, comment HIRE to download my free guide to hiring an agent.