Renovations You May Want To Reconsider

by Royal LePage on Saturday, July 1, 2017
Custom renovations are often a great way to put your family's personal stamp on a home. However, it is important to keep in mind that customizations do not always have a positive effect on the value of your home.

Consider these tips when renovating your home

Avoid extravagant personal touches.

Before choosing an over-the-top themed decor, or over- or under-height countertops to accommodate tall or short family members, remember that personal touches can potentially decrease the value of your home.

Beware of changing a room's function.

Consider future homeowners before you renovate and change the original function of any room.

Stay away from outdoor custom renos that will be seldom used.

In Canada, the majority of homeowners can only utilize the backyard for half the year. Costly additions such as outdoor kitchens, ponds, spas or swimming pools will not deliver your intended return on investment.

Think twice about customizing a garage, or converting it to living space.

While specific family members may value a garage equipped with all the conveniences for a stay-at-home retreat, or having the extra living space would work for you, keep in mind that most potential buyers prefer a garage that can house a car or two, along with tools, garden and sports equipment.

Don’t hesitate to contact Team Broady before changing your living spaces if you would like to know how those personalized touches impact your home’s market value.