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

  1. 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.
  2. 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.
  3. 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.
  4. Unless your windows are so bad that they’re detracting from your property value, its best to leave them alone.
  5. Double rung windows cost at least $200 per item plus a hefty installation fee that you won’t see a return on.
  6. 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.