These im­prove­ments won’t help home sale price

Daily Local News (West Chester, PA) - - BUSINESS - Mau­reen Hughes On Real Es­tate

Sell­ing a home can be full of sur­prises and some home­own­ers are amazed to find that buy­ers don’t al­ways value the same im­prove­ments and up­grades that have been in­stalled in the home. After spend­ing time and money through the years cre­at­ing a home to meet their needs, it can be a strug­gle for home­own­ers to come to terms with the fact that some fea­tures don’t al­ways make as high of a yield as they as­sumed. Some fea­tures that were once de­sir­able are on the outs and it’s wise to make note as you con­sider fu­ture im­prove­ments to your home.

Here are the top six worst home im­prove­ments that are least likely to re­turn upon re­sale:

• Wall to Wall Carpet: Top­ping our list is a fea­ture that used to be a great sell­ing point, but in to­day’s mar­ket, carpet is per­ceived as be­ing hard to clean and need­ing to be re­placed of­ten. If you have hard­wood un­der your carpet, con­sider hav­ing it re­fin­ished instead of re­plac­ing carpet be­fore sell­ing.

• Cheap vinyl or lam­i­nate floor­ing: In keeping with our floor­ing theme, in­stalling (or leav­ing ex­ist­ing) cheap floor­ing is an in­stant is­sue with nearly ev­ery buyer. Know­ing in ad­vance they will need to re­place it, buy­ers will tack floor­ing onto their list of items to re­quest money off of the ask­ing price.

• Built in the­atres/sur­round sound: Most peo­ple don’t feel the need for an en­tire room ded­i­cated to movie the­atre seat­ing, as the av­er­age flat screen tv is enough of a movie view­ing ex­pe­ri­ence. The cur­rent trend for por­ta­ble speak­ers with ex­cel­lent sound qual­ity has made the need for a sur­round sound nearly ob­so­lete. • Pricey, Up­graded Kitchens: This point doesn’t ap­ply to ev­ery home, but it does ap­ply to homes in neigh­bor­hoods where the ma­jor­ity have a more mod­est kitchen setup. If a ma­jor kitchen ren­o­va­tion puts you out of the price range of your

neigh­bor­hood, don’t ex­pect to be able to tack on a higher sell­ing price, be­cause in most cases, the lo­ca­tion doesn’t war­rant the price hike.

• Swim­ming Pool: While this point doesn’t ap­ply in ar­eas where nearly ev­ery home has a swim­ming pool (like Florida, for ex­am­ple) it should be noted that not ev­ery buyer de­sires a swim­ming pool, so you may be seg­re­gat­ing

your­self from an en­tire field of buy­ers.

• Saunas, In­door Hot Tubs, Gi­ant Whirlpool Baths: Once considered de­sir­able, these fea­tures are of­ten considered to be ex­pen­sive, trou­ble­some items that most likely need to be re­moved.

If you hap­pen to have one or more of these fea­tures men­tioned, and you are trying to sell your home with­out suc­cess, don’t lose hope. Work with your re­al­tor to get great feed­back from show­ings and determine if rem­e­dy­ing any of these is­sues

could help you gain the best buyer for your prop­erty and fi­nances.

Mau­reen Hughes is the Lead List­ing Spe­cial­ist of The Wayne Megill Real Es­tate Team of Keller Wil­liams Brandy­wine Val­ley in West Ch­ester. For buyer or seller rep­re­sen­ta­tion, or for more per­spec­tive on the local and na­tional real es­tate mar­ket, please email mau­reen­hughes@ kw.com and visit The Wayne Megill Team site at http://www. wayne­megill­team.com.

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