Selling Your Home? Five Things that could Decrease the Value
If you are thinking of selling your home somewhere down the road, there are a couple of things that the experts suggest that you NOT do because it could actually decrease the value of your home and make it less appealing to potential home buyers.
I wanted to share some of them with you.
- Bold Paint Colours – When buyers view your home, bold colours may stick out like a sore thumb and they may look at it as an extra expense to have the walls repainted. If you decide to use a bolder colour, it’s recommended that you use it on an accent wall with lighter shades.
- Over-Renovated Kitchens – It’s one of the most important rooms in your home. There is a point where it can be overly done and doesn’t fit with the rest of your home. It’s suggested that you don’t go overboard—renovate so it matches the style and design of the rest of your home.
- Landscaping – It’s the first impression that makes them want to walk in the door. Get rid of overgrown shrubs and plant new ones. If you have weeds growing in your lawn, apply a good weed killer. Fertilise the grass to make it look greener. Get rid of junk and toys in both the back and front yards.
- Unfinished Projects – You may be doing them yourself or have hired a contractor who has not yet finished an improvement project. Make sure it’s complete before listing your home for sale. Buyers may view it as costing them money or may not be able to imagine the finished project.
- Wasted Space – Do you have a spare bedroom that has turned into a storage area? Or a family room or office that is now an exercise area? Potential buyers want to visualise how every square metre can be used—especially if home prices in your area are somewhat tied to the size of your home.