Posted by: Roby Robertson | December 3, 2007

Lake Norman Real Estate: Home-Seller Renovations

Lake Norman Area Real Estate

Renovations that will hurt your resale

If you’re thinking of selling your home, you might also be planning some renovations to boost the overall value of your property. But be careful, not every improvement will help. In fact, some renovations can even hurt you in the eyes of homebuyers. So as you are preparing your home for today’s competitive market, think twice about the following upgrade:

Swimming Pools
In some hot-weather spots like Arizona and Florida, a pool is a necessity. In the Southwest, adding one boosts your home’s value by 11% on average, according to a National Association of Realtors® study. But elsewhere it can just as easily turn off buyers, who worry about affording the upkeep and insurance. And if the most likely buyer of your home is a family with small children, think long and hard before installing a pool – it may cut down on the number of people who will want to buy your house.

If you’re considering some home improvements prior to putting your home on the market, contact a Real Living agent. He or she can help you decide which renovations will turn into a higher resale value. For more home-buying and selling tips, visit our Tools and References page on today! Stay tuned for more home-seller renovation tips.


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