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5 Worst Home Improvements for Sellers.

Thursday, March 12, 2020   /   by Vanessa Saunders

5 Worst Home Improvements for Sellers.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
If you’re planning a home improvement project for spring, keep in mind the impact your project will have on your home’s value. Surprisingly, most major improvements don’t pay for themselves when it comes time to sell. 


Here are some of the worst home improvements you can do in terms of their return on investment:


#5. Adding extra  garage space.

Unless you don’t have a garage at all, adding to an existing one comes in as the fifth worst improvement you can make to a home. Garages are expensive to build, and some buyers are actually turned off at having room they may not need. The average garage addition only adds 60% of it’s cost to the value of a home.


5 WORST HOME IMPROVEMENTS .png#4. Master bedroom suites.

Turning the master bedroom into an ensuite by adding an adjoining full bathroom will lose up to 40% of its cost at selling time. If you’re in the mood for a major project, remodeling the kitchen or a bathroom bring a much higher return. And keep in mind that municipalities often base property tax rates on the number of bathrooms and bedrooms in a home.


#3. Sun room.

Ahh the allure of all that bright sunshine streaming in sounds great, but sun rooms return less than 60% of what they cost. Better to invest in a deck, which is far less expensive and can give you a far higher return.


#2. Home office.

Having a fully functioning home office can cost upwards of $20,000, and pay back only about half that at the closing table.

AND THE WORST HOME IMPROVEMENT YOU CAN MAKE BEFORE SELLING YOUR HOME IS:


#1. In-Ground Swimming Pool.

For some buyers, an in-ground pool is considered a hole in the water you throw money into. They cost between $20,000 up to $60,000 and need regular maintenance, spring and fall preparations and add to your homeowner’s insurance. 


Best home improvements for adding value to your home:


  1. Steel front door 125% 

  2. Kitchen remodel 85%

  3. Attic bedroom 83%

  4. Deck 80%

  5. New siding 80%

  6. New windows 77%

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Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

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The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2020 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.