In this two-minute read, we look at the home renovations that don’t add value – and can make it harder to sell your property.
If there’s a chance you could sell your home in the next few years, think before you rush into making any major home renovations.
While you might read about celebrities investing in fancy wine cellars (David Beckham’s building one for his 7,000 bottles of plonk) or bespoke nature ponds (Ed Sheeran’s has a jetty), the reality is that pet projects rarely pay off.
What one enthusiastic home renovator sees as original and bold, could seem dated in a few years’ time.
Of course, your home should reflect who you are.
But there are ways to personalise your property without harming your chances of securing a good selling price further down the track (unless you’re David Beckham or Ed Sheeran and money is no object).
Steer clear of spending big on features or structural changes that the next owner might find difficult or expensive to remove.
Instead, put your stamp on your home through colourful photo galleries, eye-catching artworks and bright feature walls.
Common Renovation Mistakes
1 Adding a tiny bathroom
An additional bathroom can add real value to a property, but remember that size matter. If you need a shoehorn to wiggle your way in and out, it’s more trouble (and money) than it’s worth.
2 Hot tubs
Hot tubs are the Marmite of the garden world. For some, a hot tub is the height of luxury; for others, it screams ‘wife swap’. Be aware that would-be buyers might have concerns about costs, upkeep, and nosy neighbours.
3 Other outdoor statement pieces
Expensive climbing frames, ornate water features and fountains might be a turn-off as they can be costly and cumbersome to remove.
4 Bold coloured kitchen cabinets
A modern kitchen can be a worthwhile investment but be wary of getting carried away with current trends. Install neutral-coloured cabinets or hang artworks or a bespoke splashback that are easy to remove.
5 Single bedrooms
If you want to convert a generous bedroom into two smaller rooms, think carefully. Parents may believe that creating two smaller rooms with single beds is the perfect antidote to sibling arguments. But potential buyers may find itty-bitty spaces that don’t serve a clear purpose.
If you’d like more advice about selling your home, or to tell us your views on hot tubs, get in touch with us here at Leysbook.
Copyright Leysbrook 2021