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0 If you’re prepping for your home renovation, you’ll be hoping not only to create your dream space, but to boost your property’s value. However, beware – these niche home renovations can actually devalue your home, so consider them carefully.
Built-in Tech
When you’re renovating, it’s easy to get carried away and forget to keep your future buyer in mind. You might be a fan of high-tech equipment or built-in electronics and appliances, but these can be expensive to run and tricky for a future buyer to remove, potentially devaluing your home.
Swimming Pools
Whilst we’d all love the luxury of an at-home swimming pool, they’re extremely expensive to maintain and run. An outdoor pool is only useful for a few months of the year and can quickly rack up costs and cause problems. What’s more, removing an unwanted pool could hit your buyer in the pocket and put them off. A swimming pool could even knock 20% off your home’s value.
Converting Bedrooms
Perhaps you might not need that extra bedroom and hope to repurpose the space into something else. In doing so, you could considerably reduce your home’s value and you’re restricting your pool of potential buyers, who might need that extra space.
Too Much Personalisation
You might have niche tastes or a penchant for bright and quirky features. Thing is, over personalising your home is a risk – some buyers won’t see your vision or share your taste, and replacing your design choices could be costly. Home renovations Stroud and the wider area can benefit from guidance from professionals, such as Precision Builders https://precisionbuildersltd.co.uk/services/home-renovations/stroud.
Home Cinemas
They’re expensive to install but perfect for film fans – however, a home cinema might seem a great idea, but they can actually detract from your home’s value and prevent a purchase in future.
A Converted Garage
Transforming your garage into an office or gym might be appealing, but many purchasers are specifically seeking garage space when they come to buy, so doing so may impact your home’s value.
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