Home Improvement DIY Dont's Part One

Posted by Professional Realty on Thursday, July 3rd, 2014 at 10:22am.    1920 Views

Home Improvement 4 House Value; Mistakes Part One

Home improvement for house valuePersonal Taste Could Make Waste

In the last month or so I've seen some great posts on our blog about home improvement, and written a few myself, but now I'd like to talk about some things home owners and those preparing to sell a home should think about; home improvements that don't increase house value.

Buyers should consider these common mistakes as well. Becoming a new home owner, one of the very first things buyers enthusiastically set about doing is actively pursuing home improvement projects and changing home decor to suit. While these home improvement projects help make a house feel more like "home", buyers should look down the road and consider how long they intend to live in the house, and the impact of their personal taste on their new home's worth.

Too heavy a hand with personal touches can hurt a house value.

house value painting for home improvementWe all want to make a house our home, and we do so by adding our personal touches, but if you're considering house value, understand that too much personal taste can actually backfire on a home owner.

Painting, for instance, I'm a fan of color, bright and cheery, and some earthy tones but I'll skip Chartreuse or Fuchsia thank you, however, unless you are totally prepared to put the room or house back into the "main stream realm of reason", it can be a huge turn off to some qualified buyer coming to your listing's open house.

Now, there are more to neutral colors than just Mauve or Taupe, don't get me wrong, and nothing like some great accents, color coordination and delightful contrasts. For inspiration, see my post the New Neutral Color Palette for 2014 featuring some of Benjamin Moore's great new looks. There's a lot you can do with these colors.

Along these lines, consider what is going to be difficult to "remedy" down the road, or restore to something universally appealing. Some home owners don't consider this when wall-papering, adding flashy or gaudy tiles to the kitchen, fireplace mantle or bathroom. So, though we are all our own biggest fans of our personal taste, consider first how long you will live in the home and will this home improvement need to be reversed at some point, if so, what will it cost?

Part One: Personal Taste Could Make Waste

Part Two: Budget Blunders and Fixture Fixations

Part Three: Out Doing the Jones's

Part Four: Roof Goofs

Part Five: High Tech House Value Wrecks

Part Six: Special Purpose Rooms

Part Seven: Mis-Matched Mayhem

Part Eight: Changing Form and Function

3 Responses to "Home Improvement DIY Dont's Part One"

Marty Snyder wrote: Greg, thanks for sharing this and I'm looking forward to part two, hurry up and write it will you? LOL I have a client that's really putting a lot of work into their home (for their own taste), and wanting to sell it later in the Fall.

I do agree though, home owners should consider how long they intend on staying in the home before making hard to remedy changes like unusual or particular tiles, wall paper, or an element that might "cramp" a kitchen let's say.

Posted on Sunday, May 11th, 2014 at 1:53pm.

Mark wrote: What do you think about adding a shower or bath to the basement does, i mean, how much does that affect the price or house value?

Posted on Sunday, May 11th, 2014 at 2:37pm.

Greg Hancock wrote: Hello Mark, adding a shower or bath to a basement can indeed be a good thing and and increases the overall number of baths in the house. However, unfinished or poorly finished basements tend to detract, along with that, it's the type of bathroom you intend on installing. If it's just a toilet and a shower head with drain, no, it's not going to add value. However, a well done 1/2 or full bath in a finished or nicely semi-finished basement can go a long way towards improving house value. Hope that helps!

Posted on Wednesday, May 14th, 2014 at 4:49pm.

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