I read this article online that lists 5 projects that lower a home's value. I don't necessarily agree that they "lower" the value but they may not be things that help show your home either. Here are a few they didn't mention that I think can really hurt your home's value:
- Adding a bedroom where the only entrance is through another bedroom
- Removing the entrance to the on-suite bathroom in a bedroom or remodeling your master bedroom to have an open floor plan that includes a bathroom with no separating walls (I call this the divorce-maker)
- Adding a pool to your back yard that takes up the whole yard
- Remodeling your home 1 room at a time and having each area not matching the next.
ie different flooring in each room or an ultra modern styled bathroom with a Tuscan styled kitchen and den
- adding any square footage or rooms that create a bad flow to the house's overall layout
Read the article with the other 5 things here http://finance.yahoo.com/news/5-projects-that-lower-your-home%E2%80%99s-value-182436609.html
I work in one of the most well known cities in the world helping clients with buying and selling real estate. You may recognize my name as a local real estate expert from such places as The LA Times, Realtor Magazine, New Home Source, HGTV, NPR and many other media sources. So whether you are a fist time buyer, selling your 4th house, or just curious about the market, you will find something here that will be of use to you.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment