Can Some Home Improvements Lower Your Home's Value?

If you're a homeowner and you're thinking about making a home improvement, you should be aware that some home improvements can decrease your home's value.

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Can Some Home Improvements Lower Your Home's Value?

Posted by Gary Ashton on Wednesday, January 8th, 2020 at 11:11am.

Home Improvements That Don't Improve Your Home's ValueOne of the things Gulch homeowners worry about when making home improvements is how much their improvement will increase their home's value. Some home improvements increase value more than others. If you're a homeowner who would like to boost your home's value, and you're looking for the right home improvement, these tips can help.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Can Some Home Improvements Lower Your Home's Value?

Yes, some home improvements can lower a home's value. If the home improvement makes the home less desirable to buyers, either by taking away a feature that the home buyer would want, or by installing something the buyer would not like, then the home's value may go down. Homeowners who want to avoid this problem should be aware of which home improvements are undesirable to buyers.

Which Home Improvements Make Your Home Harder to Sell?

Any home improvement that takes away a bedroom from a home is likely to make it harder to sell. Home buyers like bedrooms because it means they can grow their family and have guests over with ease. When a bedroom is taken away, the home instantly becomes slightly less useful to most potential buyers.

In addition, any home improvement that makes a home harder to maintain, like installation of a very complex garden, can also reduce a home's value. Home buyers like homes that are easy to maintain. A specialized and hard-to-care-for feature runs counter to the needs of home buyers.

Finally, home improvements that cater to a special segment of the population, like installation of a large built-in aquarium, also can reduce the home's value. Home improvements should appeal to most buyers, and those that don't can make a home harder to sell.

Want to Sell Your Home? Work With a Professional

If you would like to sell your home sometime soon, and you're thinking about performing a home improvement to make your home more desirable, work with a real estate professional. Your real estate professional can help you decide which home improvements will drive up your home value the most.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

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