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14 Sneaky Mistakes That Can Decrease Your Home's Value

Thinking about making some improvements or additions to your home?  Have you outgrown your current home and are looking to put it on the market?  Either way take time to read these “14 Sneaky Mistakes That Can Decrease Your Home’s Value before you proceed.

 

1.Choosing a crazy exterior color - Stick with picking out a color that is common in your neighborhood and fits the style of your home.  Picking out an exterior paint color for the whole house is not the time to go with the newest trend as you will have to live with it for a while.  Instead paint your door with a trendy color or accessorize the basic color with colorful planter pots, etc.

2.Landscaping without thinking about the future - Don’t plant trees too close to the house or driveway without considering how big they are going to get.  Planting them to close could create major problems for you later as roots can cause breaks in the driveway pavement or sidewalk.

3.Letting your entryway languish - Make sure that your entry way is kept clean and presentable.  Repair chipped paint, broken door knobs or hinges as soon as possible.  Be sure any outside lights are in working order as well.

4.Expecting big returns on a pool - Installing and maintaining a pool is not for everyone and can discourage some potential buyers.  Don’t expect to recoup the expense like you would for other home improvements.

5.Fussing with the fireplace - Be cautious when installing or updating an existing brick fireplace.  If the look is not trendy when you go to sell your home it could lower the home’s value.

6.Skimping on an AC system - When installing a new unit it is wise to pay for the next system up than what would work for the existing size of your home.  This will cover any future additions in the size of the home.

7.Getting too complicated with paint - Keep interior wall color from being too trendy unless you want to paint it every few years.  A simple palette works best for walls and trim.

8.Updating old appliances - Do your research and select a good quality brand for your major kitchen appliances.  Also keep in mind how easy it will be to clean and maintain them.

9.Neglecting the small stuff - Keep up with cleaning and maintaining windows, making sure that light switches work, and ensuring that the garbage disposal runs properly.  Keeping up on small repairs shows that your home is well maintained.

10.Skipping a deep clean - The tracks of windows, sinks, grout, ovens, and appliances are all scrutinized by appraisers and potential buyers.

11.Trying too many trends - Most people are attracted to kitchens and baths in classic, neutral colors.  Add a pop of color and personality to your home with accessories which are much easier to change in the future.

12.Choosing hard-to-clean surfaces - Use the right cleaning product on your countertops (this is not the time to go cheap) and always test a small area first.  Permanent stains on countertops will mean the whole piece will need to be replaced which can be costly.

13.Thinking too small - Generally, kitchens and bathrooms sell homes.  Always make a small space feel as big as possible.  Don’t re-tile a small bathroom with small tiles; they will only make it feel smaller.  Use bigger tiles as they will open up the space.

14.Neglecting your wood floors - Again, be sure you are using the right cleaning product for your floors.  Using the wrong cleaner or not cleaning the floors properly could result in permanent damage.  Cleaning wood floors with water and vinegar makes them dull over time.

 

If you can dream it, you can do it with a Home Equity Loan from Solidarity!  We also offer both fixed and adjustable rate mortgages with terms from 10, 15, 20 and 30 years.  Looking to upgrade from your current home?  Get pre-approved and become a preferred buyer.  Want more information about this service?  Check out our mortgage center.

 

Source:  House Beautiful

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