Here’s how to make smart home investments and avoid fixes that can fall flat. Below are the five do’s and don’ts for fixes that can pay off.
- DO: Add a spare room. Converting unused basement or attic space into an extra bedroom opens your home to exponentially more buyers.
DON’T: Add an extra bathroom. Plumbing, wiring and tiling make these small spaces extremely expensive add-ons. (However, if your home has only one bathroom, adding a powder room can be a major selling feature.)
- DO: Replace cabinet hardware. Changing the handles in the kitchen and bathroom is a cheap and easy way to add some flair.
DON’T: Remodel your home office. Many buyers will look at built-in shelving and desks as something they’ll have to spend money on converting back to a bedroom.
- DO: Landscape your property. A mix of hardy perennials and some vibrant low-cost annuals will give your home that all-important curb appeal.
DON’T: Install an in-ground pool. Many buyers will balk at the ongoing maintenance and be fearful of long-term repair and replacement costs.
- DO: Upgrade your appliances. Energy-efficient ones may qualify for a rebate, and you’ll cut back on your utility bills for as long as you’re in the house.
DON’T: Add a backup generator. While the peace of mind may help you weather any storm, buyers will not pay a premium for this addition.
- DO: Re-paint rooms that need a fresh coat of paint, or do not have a lot of sun light. Using lighter neutral colors will help make the room look bigger and brighter
DON’T: Use wallpaper as it can get messy and home buyers will cringe at the thought of having to remove it later.