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