One of the most common reasons people ask when they want to improve their homes is that home improvements will increase the value of their homes. Although this is usually true, it is not as universal as some people think. If you have to pay a lot of money for home renovation, it's worth checking to see if the value of your home will increase enough to pay for the home – or worse, whether it will really force the value of the home to drop.
Let's start with the bathroom and the kitchen. While well maintained, beautiful kitchens and bathrooms do add value to the home, but there is nothing to say, they must be the latest. An older room, well cared for, is not a completely awkward start, often helping to add as much value as a newly installed room.
On the other hand, scaling almost always increases the value of your home because they make it bigger. A four-bedroom house may be more valuable on the market than a three-bedroom house because a larger family can live in it. However, if you only have one small one, you need to pay attention to building a garden that is too far away: getting rid of too many gardens, you can get more value from your house than from the extra bedroom.
Although it may seem strange, the same rules apply to garden features such as swimming pools and ponds. Although you may like them, not everyone likes them - and you just took a garden that can be used for almost anything and turned it into a one-time use feature. In addition, the maintenance costs of swimming pools in particular are very high, which may delay potential buyers.
In general, it is a bad idea to make family improvements in order to make money, because you almost always fail. Instead, just do the improvements you want while avoiding any improvements that actually reach your home price.
Orignal From: Can family improvement increase the value of your house?
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