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You are here: Home / Real Estate Trends / Considering Home Improvements? Think Twice About Upgrades That Don’t Add Value

Considering Home Improvements? Think Twice About Upgrades That Don’t Add Value

June 5, 2024 by Lisa Jeffries Nobling

Home Improvements with Low ROI

Zillow recently shared a lineup of home improvement projects that aren’t high on the list of appealing upgrades for would-be buyers. Do you recognize any of these projects on your upcoming home improvement hot list? If you’re doing it for your enjoyment with no plans to sell in the near future, then we say, “Go for it!” (especially the walk-in closet), but if you’re considering a sale in the next few years, keep in mind that your investment may be better spent on that pesky “honey do” list instead, as a “well-maintained home can sell for about 10% more than a similar home in average condition,” according to the story.

The projects that don’t deliver a dollar-for-dollar return include:

  • All-white kitchens
  • Walk-in closets
  • Decks
  • Converting garages to bedrooms
  • In-ground swimming pools
  • Poorly done DIY projects
  • Wall-to-wall carpeting
  • Bamboo flooring
  • Laminate countertops
  • High-end fixtures

Dig into the story to read about the reported sales metrics for each project if you’ve been considering investing in one of these home improvement projects this year!

Filed Under: Real Estate Trends Tagged With: Zillow

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