We’ve loved our family home for almost 15 years now, and my parents have been thinking about giving it a little makeover and some upgrades. But, as you can imagine, they were a bit overwhelmed about where to start! Being the oldest sibling, I took on the task of researching renovation projects.
While I was diving into my research, I discovered something pretty interesting. Not all home renovations actually boost your home’s resale value. That got me rethinking some of the projects my parents had in mind, so I decided to dig a little deeper to figure out which ones to steer clear of.
I hope my findings can help anyone else who’s considering home renovations !
KEY TAKEAWAYS
Adding a Sunroom
- Low ROI; not counted in square footage.
- Cost: ~$30,000.
Too Much Wallpaper
- May not appeal to buyers.
- Cost: $800 – $1,200; often removed.
Garage Conversions
- Avg. cost: $26,000; risks losing garage appeal.
Overdone Landscaping
- Enhances curb appeal but may deter buyers due to maintenance.
Wall-to-Wall Carpeting
- Covers hardwood; poor quality may lead to removal.
- Typically doesn’t add value.
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