Do Home Upgrades Help or Hurt Property Value?

Upgrades You Can Make to Positively Affect Property Value

Homeowners often think any upgrade they deem necessary should increase the property value. After all, you spent good money on the design. Doesn’t that count for something? Well, the answer is yes, and no.

So, the question is, will making various upgrades help or hurt property value? We invite you to check out this list of things that hurt property value. In the meantime, let’s go over a few of the basic upgrades that help.

Fixture Upgrades

If it works, most homeowners wait to replace a fixture until it breaks. But plumbing fixtures tend to last 15 to 20 years. However, the type of fixture upgrade that makes a difference is one that includes energy efficiency. Low flow faucets and toilets will save the buyers money monthly.

Appliance Upgrades

Again, energy efficiency is the key here. Presenting new appliances is good, but if they are Energy Star certified, that is even better. Washers, dryers, HVAC, refrigerators, ovens, dishwashers, and microwaves all come in energy-efficient models nowadays.

Lighting Upgrades

Lighting is so crucial to the sale of a house. That is why realtors have you turn on every light in the place. Then buyers can see everything well and know what they are getting. Likewise, lighting can make the whole home shine and glimmer. If you have a particularly unique piece you will be taking with you, replace it with a neutral light fixture before the home’s sale. If you have a few yellowed or out of date lights, replacing them will bring the house up to date inexpensively.

Fresh Paint Inside and Out

So many people get excited about color on the inside of the home. But remember, not everyone has the same décor or taste. A fresh coat of neutral-colored paint inside the home makes the house feel clean and new and will fit anyone’s design. The same goes for the outside. Fresh exterior paint will serve you and the next owner well.

Curb Appeal

As all the fixer-upper shows will tell you, curb appeal is vital. It is your chance at a first impression with potential buyers. Be sure the lawn is cut and edged for a well-manicured look. Trim trees so visitors can see the house quickly and envision themselves in the home. Keep the design attractive, but easy to keep up with.

What Hurts Property Value?

We all enjoy new shiny things. But not everyone wants the same details in a home. A freshly built outdoor deck may be just the place to sit and relax after a long day to one person. To another, the deck may represent work and upkeep. A big tennis court in the back yard is a great idea for your tennis-playing family. But a family of musicians may not want it taking up the yard space. You get the idea, right?

Here is a quick list of some of the upgrades you may not get full value out of when selling the home.

Complicated, albeit beautiful, landscape design can be burdensome, and some don’t want to keep up with it.
Swimming pools or hot tubs in areas where they cannot be used often represent work to some.
Dated or trendy décor may not be everyone’s cup of tea.
Solar Panels are good for the environment but do not increase home value.

Georgia Home Remodeling Cares About Your Property Value

Of course, we want to help you renovate, remodel, or just freshen things up a bit. So, here is our advice. Increasing your property value is vital to those who do not plan to stay in the home forever. If you ever plan on moving out, keep things neutral, and well maintained for the best ROI. If you plan to stay, then let’s talk about your unique and creative design ideas and get started. Either way, Georgia Home Remodeling can help.

Georgia Home Remodelingcares about your home property value. We would be delighted to give you our in-person advice to increase your property value. If you want to know your property value as it stands, try this link: What is My Home Worth. Then contact Georgia Home Remodeling to help potential buyers fall in love with your house.