Unfortunately, some improvements cost too much money to qualify as suitable investments.
- Expensive, imported flooring or tiles
Imported tiles and flooring might look pretty, but it’s hard to justify the cost when you’re selling your home. Potential buyers might not be able even to tell the difference between your pricey imported tiles and the less expensive ones they have back home. Also, buyers won’t necessarily share your taste.
- Jacuzzis
Jacuzzis appealing to some buyers, especially if they like to entertain
However, live in an area that’s subject to water restrictions. Jacuzzis can be more of a drawback than a bonus. The costs and effort required to maintain Jacuzzis can also be off-putting to buyers.
- High-tech additions
Auto filling bathtubs, waste disposals, automatic blinds and “clap on” lights are great to have but expensive to install. They might increase the overall appeal of your home – but not generally to the point that buyers will make higher offers.
- Textured or overly bright paint colours
Dark colours take a lot of paint to cover up. For instance, if a prospective buyer doesn’t want a bright orange wall in their lounge, they might be put off. Expensive paint effects might also not appeal to buyers, in which case they might not want to hassle of painting over them. Similar applies to bold wallpaper designs.
- Trendy light fittings
New light fittings are often seen in recent home renovations; because they’re trendy at the moment, they cost more than regular light fittings; This means you might not get that money back when you sell. Buyers also might not like your choice of light fitting if their furniture and décor differ significantly.
By Edwige Favini
Download our PDF Sheet here: Simply Real Estate – TIPS – 5 WORST UPGRADES – Infographic
