Home renovation

Don’t Waste Your Money on These Home Improvement Projects

Which renovation projects to prioritize and which to avoid if you plan to put your home on the market.

BUFFALO, NY – Watch enough HGTV and you’ll want to tear down your house entirely and start over. The appeal of an open concept floor plan or a beautiful tile backsplash in the kitchen can be very powerful. But if you’re not planning on staying there forever, you might want to put the hammer down.

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Remodeling magazine recently published its list of the best home improvement projects along with a cost versus value analysis. Nine of the top ten projects fall into the “curb appeal” category.

Get the most out of your money

The report states that investing in manufactured stone veneer for the exterior of your home will give you the best return. It’s not cheap, but experts say you’ll get back almost all the money spent when you sell your home.

Other major upgrades include a new garage door, new windows, roof replacement, and a brand new deck (perfect for those precious few warm summer nights in Buffalo).

Home improvements

Now let’s move on to projects that could blow your budget and hurt the overall value of your home. NerdWallet experts say the top two most important items are the kitchen and the bathroom.

They say small upgrades to both are beneficial, like granite countertops instead of marble, but you probably won’t recoup most of the money you spend on a high-end chef-style kitchen or master bedroom suite. enlarged when you go to sell your house. This is especially true if you have a smaller, older home.

As for the paint, if you plan to do it yourself, be sure to prepare everything in advance to avoid scratches and chips. According to data from Opendoor, a shoddy paint job can shave $1,700 off the selling price of a home. If you are not ready to make the necessary preparations, it may be worth hiring a professional.

Just say “no” to carpeting. The thought of what’s hiding in the carpet can be a huge turn off for buyers, even if it’s brand new. If it’s the primary flooring in your home, its value can drop to as low as $3,900 according to Opendoor. You better refurbish or replace your hardwood floors.

Finally, one of the worst things you can do if you’re thinking of selling your home is to install a swimming pool. This is especially true in Western New York where pool season is limited. Most buyers say they don’t want to deal with maintenance or insurance, and experts say you’ll probably never recoup that cost.

Do whatever makes you happy

If you love your home and plan to stay there forever, add whatever you want. This is your home and you deserve to be happy. These are just a few things to consider what it could cost you if you end up changing your mind.

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