Renovations that hurt the value of your home

 When buying a new home, a lot of people already look ahead and think about how much they can sell the house when the time comes.  While various factors affect how prices move in the housing market, there are mistakes that a homeowner can make that can seriously hurt the value of their home.  Certain renovations for one.  Creating unnecessary changes that can put further burden on the next homeowner will simply lower a home’s resell value.  Here are some other home renovations that can have the same effect on your home.

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Wall renovation:  Even the most straightforward changes like putting up too much wallpaper or complex modifications like adding textures to your walls can lower the value of your home.  This is considering the cost it would take to have it removed if the next homeowner doesn’t share your aesthetics.  The same can be said about semi-permanent fixtures such as tiles and carpeting.

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High-end kitchens<:  Upgrading your kitchen to the highest level is one of the most costly renovations one could have.  However, the next buyer may not appreciate it as much or shoulder at the same cost.  The resale value could be less than $10,000 than what the homeowner paid for in the renovation.

Swimming pools:  A lot of people think that adding a swimming pool can increase the value of their home where in fact, it does the opposite.  Swimming pools cost a lot of money in terms of upkeep, something future buyers would not appreciate. 



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