Which home improvements can you expect to get a return on when selling?
Which projects to skip when you want to add value to your home?
Here are the top five projects to skip:
WHAT NOT TO ADD - DO NOT EXPECT ROI FROM THESE
1) Home office
customized book shelves – buyer won't want so spend on the design that
works for you.
2) Swimming pool – some people consider a pool a plus, for most,
3) * Roofing – important, but you won't get ROI roof is a necessity, it wn't contribute
4) Finished basement – don't make it to your taste, or buyers
will see it as a do-over project
5) Wine cellar, or other special custom space – buyer probably
won't care about having this, so it doesn't add to value. In the case of a teetotaler, it will
* When it comes to the roof, when you are selling your property, if your roof will not pass inspection without repairs, you will need to repair it. But, do not expect that expense to add to the bottom-line price of the property. As we said, buyers expect the roof to be in good repair, the roof is built into the price. That said, if it needs to be fixed and you do not do the work, it will take away from your selling price!