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Things That Reduce Your Home’s Property Value

Many homeowners don’t consider the future when planning changes around the house. It is easy to get caught up in renovations and do things that will end up affecting your home’s value down the line. When they try to sell the houses, they realize that the value has decreased due to their additions. In many states, there are real estate companies offering virtual and individual consultations with you to let you know whether you meet their eligibility criteria. Generally, you can sell even the most distressed home. You won’t get a lot of value for that sale. It’s best to be prepared than to sell your good home at a loss due to some renovations you didn’t need to make. Here are the renovations that most reduce your home’s value.

  • Textured walls

Adding texture to your walls is an easy way to improve the looks of your home. However, potential homeowners don’t prefer to buy houses with textured walls. Keep in mind that textured walls made out of plaster gather dirt in all the raised areas very easily. This is hard to clean, so buyers won’t want to sign up for the extra work. They are also not suitable for people with asthma or breathing problems. They can make your house look shabby during viewings if the walls aren’t cleaned properly. They are also expensive to remove as they require scraping for hours. It can be not easy to match the textures when redoing parts of the wall, as the design may be unique or out of the market.

  • Adding unique colors or style elements

Having a home means you get to express your unique style and vision through changes. However, over the top, or too specific customizations can reduce your home’s value. The reason is simple. People don’t always have the same taste. The painted ceiling or swing you installed might look great to you. But most people tend to look for simple homes which they can then modify according to their own tastes. They will not be willing to spend extra on doing over all your permanent decor. Additions such as pools that require expensive maintenance are also not good ideas. Things such as built-in cabinets, tiles and shelves are also difficult to remove, so try not to change these about your home. Instead, try to create an effect on everyday fixtures.

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  • Floor to floor carpeting

Carpeting throughout the house is a bad idea for residential homes. This is because it can accumulate dust and make the home look shabby if not maintained properly. If you have had pets, the new owners may not want to move into a home with carpets if they are allergic. Keep in mind that tearing out carpets can be expensive. Instead of carpeting, consider getting wooden floors, which increase the value of your home while making it look interesting.

Homes are not just places to live in. They can be safe investments as well. When renovating, always try to keep any changes simple if you have plans to sell in the future. Once you find a permanent home, you can modify it to your heart’s content.

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