Exit Realty Bob Lamb & Associates
Becky Lanier, Exit Realty Bob Lamb & AssociatesPhone: (931) 607-9113
Email: [email protected]

Avoid these home renovations to maintain property value

by Becky Lanier 10/26/2022

Renovations can increase the value of your home. However, not every renovation project is a good investment. Unfortunately, many renovations can actually lower your home’s resale value and cost more than you bargained for. If you’re interested in renovating your home, make a note of these projects to avoid:

Too much texture

While texture on walls and ceilings can enhance the aesthetics of a house, it’s not always a good investment to add. Not only are highly textured ceiling and wall finishes often considered dated, they are extremely difficult to remove. To increase texture without hindering future offers, try experimenting with texture in your wall decor and furniture.

Full carpet

Hardwood floors are a well-known plus for potential homebuyers. Conversely, a home with too much carpet might receive fewer offers and lower appraisals. Carpet shows age and damage much easier than wood and laminate, and can also cause issues for those with pet or dust allergies. If you want to add new floors, experts recommend reducing the amount of carpet in your home rather than adding more.

Bold paint colors

Paint is not permanent, but dramatic colors on walls can be a turn-off to potential homebuyers. Color is highly subjective, making neutrals and shades of white a safer bet for a renovation project. Potential buyers would rather consider your home to be a blank canvas than a personalized work of art.

Swimming pools

Adding a swimming pool is not always a wise investment, according to real estate investment experts. Not only is installing a pool an expensive renovation process, the ongoing required maintenance can seem like a huge undertaking to potential buyers.

If you live somewhere with six months or more of hot weather during the year, a pool may be a smart project to invest in. However, it may be more beneficial to spend that money on a patio renovation or other outdoor upgrades instead.

Not every home renovation equals a return on investment. While customizing your home to meet your personal needs is an enormous advantage of homeownership, it’s also helpful to be mindful of the future. By knowing which projects to avoid, homeowners can enjoy their home while boosting property value.

About the Author
Author

Becky Lanier

Becky Lanier is a veteran of the real estate industry. She received her TN real estate license in 2000, and represented clients throughout middle TN. In 2005 her family moved to Vicksburg, MS to follow her husband's career. When Hurricane Katrina hit, Becky and her husband volunteered with the American Red Cross to help dislocated individuals complete the necessary paperwork to start rebuilding their lives. Listening to their stories and helping them to move forward with the next chapter of their lives was one of the most humbling experiences of her life. When her family moved back to TN, she renewed her TN license in hopes of continuing to help people find their next home.

With a passion for service, Becky volunteers with many charities in middle TN and she is ready to help you with your home buying and selling needs. Becky is a member of the Exit Realty Bob Lamb & Associates family and carries their values of integrity, ethics, professionalism, communication and hard work. Recognizing that clients put their trust in her, she strives to give them the best customer service possible and to exceed their expectations.

In her spare time, Becky is an avid wildlife photographer and enjoys time with her family and two Goldendoodles, Tyson and Godiva.