Seller Tip: 3 of the Worst Home Improvements for Sellers

Seller Tip: 3 of the Worst Home Improvements for Sellers

There is speculation on whether or not the market is cooling, but we know one thing for certain: some home improvements do not recoup their value. 

Over Improving 

It is possible to over-improve for the neighborhood that the home is located within. While a bathroom improvement is nearly always encouraged, we would not recommend adding high end finishes like a large, soaking tub or custom shower fixture. Kitchen renovations are also often recommended, but a Viking stove may not be necessary. A highly custom tile design may make sense if you’re going to live in a home long term or in a multimillion dollar neighborhood. Our team has also seen people often converting a garage for additional square footage, but this isn’t always wise if everyone else in the neighborhood has one. 

New Roofing

It goes without saying that the quality of a property’s roof is an important consideration for Buyers. However, we do not recommend running off and getting a new one before you know it is needed for structural reasons even if, visually, it is not in pristine condition. A new roof makes a strong, visual impact, but replacing it prematurely is not considered a luxury. Instead, we often recommend our Sellers wait until the home inspection before making any roof repairs or changes.

Swimming Pools

Given the scorching hot, humid weather we experience in Hampton Roads, installing a pool can be an enticing investment. However, some people view them as a nuisance and do not want to contend with the upkeep of pH-balancing, skimming, and winterizing. We have also heard feedback from buyers surrounding safety concerns and the expense of installing additional fences. Installing a pool ultimately reduces potential buyers. 

For ideas on what you can do to increase your property's value prior to putting it on the market, contact our team today. We will provide you with your home’s current value and provide custom recommendations tailored to your budget.