Renovations are mostly done for the home owner's comfor but also to add value to their home. Unfortunately in some cases, it lowers the value of their home depending on what they choose to do.
1, Eliminating a bedroom - Even if the purpose of removing a bedroom to enlarge one or to make a living space larger, this renovation can lower the value at resale. The more bedroom a home has, the higher the price it usually gets.
2. Renovating the garage into living space - Getting rid of the garage in favor of more living space, office or extra bedroom can be a turned off for some buyers.at resale. 74% of recent buyers said that having a garage is very important according to a survey of 7,500 people by Crescent Communities.
3. Removing closets - Michele Silverman Bedell, Chief Executive of Silversons in Westchester, N.Y.recalls that a client had removed a closet to make the master bedroom bigger. But the renovation made the home more difficult to sell. One of the criteria that buyers look for is a bigger closets in master bedroom.
4. Too much wallpaper - Even though the wallpaper can be removed, it gives the impression of having a lot of work to get it off.
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