Home renovations are on the rise again, and many people are using this as a reason to create the home of their dreams or update their space so that they can sell.
Unfortunately, many people are making big mistakes that could reduce the value of their homes! Here’s what to avoid.
Don’t Take Away Bedrooms.
Many people think that a huge bedroom, or an extended kitchen, is more important than anything else: but it’s not. If the home is a two or three-bedroom house and you take away a bedroom, you could be taking twenty to fifty thousand dollars off of the price. This means your property won’t stack up well against other Columbia houses for sale, and you could lose a lot of money while also being unable to sell it. If you want more space, consider building in addition with a far larger return on investment.
Don’t Finish The Basement if You’re Selling.
If you’re selling your home, you may assume that a finished basement could be a great perk: don’t do it! The money you have to invest into finishing the basement and putting bathrooms and bedrooms down there will not make a great return when it comes time to sell. Instead, could you keep it clean and unfinished? House hunters want a space to put their touch on, and an unfinished basement can be the perk they need.
Don’t Cut Corners to Save Money.
Cutting corners can be life-threatening when it comes to home renovation. For example, a poorly done shortcut could result in an electrical fire or weak supports that can cause a home to collapse in on itself. Although it’s a good idea to work cost-effectively, doing it by taking shortcuts and avoiding following through with the original plan can cost you a lot of money and suffering in the future.
Don’t Take Away Storage Space.
Although it may be tempting to take away a pantry to extend the counter space in your kitchen or get rid of a closet in the bathroom so that you can put in a huge jetted tub: avoid doing this. Storage space is one of the most important things people look for when purchasing a home, and if they can’t find it, they won’t be likely to want to buy it. In addition, we all continue to accumulate items throughout our lives, so don’t take that option away from yourself.
Don’t Appeal to Everyone Else’s Taste.
Although these guidelines are mostly about what you should or shouldn’t do: it’s still important to create a space you love and want to live in. If you can settle it with yourself and decide that you don’t mind losing a little money in the long term and want to take out that wall and combine two rooms, you can do it. If you’re trying to make a profit, you should follow these rules, but if you’re looking at living the rest of your life in this home and want it to be custom to you, don’t let anyone hold you back.