With the economy still influx, many people are thinking about doing an addition or remodeling instead of moving. However, you would be wise to consider what these improvements will bring you down the road. Believe it or not, you can over improve your home, creating difficulty when you do decide to sell.
Here are a two examples of common over-improvements that I’ve come across:
- The extravagant kitchen: The average kitchen remodel costs around $55,000. Best Option: Remodel with your whole home in mind. If you go overboard with the kitchen, you risk the rest of house looking shabby by comparison. My advice is to invest moderately throughout your home.
- Landscaping: It’s been said that the average buyer takes about seven seconds to decide whether or not your house is the one. The old curb appeal. While having a well-kept yard is essential, above average maintenance may be a turn-off to potential buyers. Best Option: Keep a simple, well-maintained yard that makes it easy for buyers to themselves caring for. The front of your home should be in good repair, with working light fixtures and fresh paint.