Published April 1, 2021
Home Upgrades That Aren’t Worth the Money
Avoid these four costly upgrades if you want the best return.
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If you’re preparing your home to sell on the market, there are certain upgrades you should really avoid. They may look aesthetically pleasing on the outside, but they won’t give you the strong return on investment that most sellers are looking for, especially in today’s market.
Here are four upgrades to avoid if you’re a seller:
1. Remodeling second or third stories. Especially if you live in a multi-level home, you don’t want to spend your marketing or remodeling efforts on those floors. Instead, focus on the main level; that’s where your buyers will be focused.
2. Crown molding or wainscoting. Everyone loves how these things look, but adding them to bedrooms or hallways doesn’t increase your ROI.
3. Accent walls. An accent wall can look gorgeous, but it’s also unnecessarily costly and doesn’t add to the value of your home.
4. Replacing unnecessary items. Don’t replace items like a furnace or water heater if they still function properly. Save your money.
"These upgrades may look aesthetically pleasing, but they’re not worth your money."
To truly maximize your return, focus on these areas:
1. Repaint rooms with chipped paint or scuffs
2. Kitchen and bathroom upgrades
3. Redo your flooring where needed
4. Spruce up your landscaping
5. Freshen up your front door area
6. Clean your windows
If you’d like to know more about how to prepare your home and get the most money possible when you sell in today’s market, please feel free to reach out to me. I’d be happy to help.
