4 Investments That Seem like They’ll Raise Your Property Value (But Won’t)


Price is what you pay. Value is what you get. — Warren Buffet
Raise your Property Value
Many people justify remodeling their homes by convincing themselves that they’re boosting their property value. Unfortunately, there are a few home modifications that will never recoup their initial costs. If you’re selling a home this season, make sure to avoid these four bad investments.
Things to Raise your Property Value
- New Windows – Installing new argon-filled windows in your house is a great way to improve its insulation, but a poor way to raise your property value.
- Gaudy décor – Colorful paint jobs and lots of assorted knick knacks might be your style, but they’re sure to be a turn-off for any interested buyers.
- Although they’re rewarding to use, they’re also very costly to maintain, and as a result many buyers will refuse to pay more for a house just because it has a pool.
- Unless your windows are so bad that they’re detracting from your property value, its best to leave them alone.
- Double rung windows cost at least $200 per item plus a hefty installation fee that you won’t see a return on.
- A pool won’t help your property value.
However, if the only reason you’re putting money into these things is to see a return on your property value, you should make the right decision and keep your wallet in your pocket. If you want a swimming pool or an elaborate garden because you enjoy them, then by all means spend your money.