Are you thinking of renovating your home and adding customized, truly unique amenities?
If so, think again.
There’s nothing wrong with having a Turkish bath, Atlantis-sized aquarium, gold-plated toilets, rock climbing wall, or monogrammed tile floor in any remodel … if that’s your taste. But if you’re planning to sell your home (now or at any point in the future), such amenities could actually depress your home’s value and limit your pool of prospective buyers.
Better to think about modifications that will improve your home’s curb appeal and boost the sale price because most buyers don’t appreciate too many personal touches. If potential buyers don’t like what they see, they’ll start wondering what’s it going to cost to remove your customized renovations instead of visualizing themselves living in your home. And that could be a deal-breaker.
I’ve heard woeful tales from both buyers and sellers: One person’s eclectic masterpiece may be another’s cluttered nightmare. Where you may see dollars signs, someone else might see empty wallets. Therefore, the goal is to have your home as close to turnkey as possible.
How should you approach renovating your home?
Here are some tips to consider when renovating:
The idea is to help a potential buyer imagine what living in the house would be like.
When in doubt, ask a professional. A real estate agent can tell you exactly what renovations make sense and which do not, and share the benefit of their experience so that you make the right decision.
Contact Fiona at 914-417-5147 or fiona.dogan@juliabfee.com.
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read moreLet Fiona help you sell or find your dream home. Contact Fiona at 914-414-5147 or email her directly.