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AVOID These Home Updates That DON'T Add Value

Jen Sylvester
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AVOID These Home Updates That DON'T Add Value

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Ai Summary

Many homeowners invest in renovations expecting a high return, but some home updates fail to add value when selling. To avoid costly mistakes, homeowners should not overspend relative to their neighborhood, take on unnecessary debt, or invest in highly customized features. Updates such as luxury landscaping, extravagant pools, solar panels, sunrooms, and smart home lighting may not recoup their costs. Other potential pitfalls include bold paint colors, excessive carpeting, converting rooms, or installing high-end features in modest homes. Thoughtful, balanced upgrades help homeowners maximize their return on investment while maintaining enjoyment of their space.

Video Length
11:36
The Hook
According to a recent study by House & Home the average homeowner spent $24,000 on home improvement projects last year. And with more and more people working from home in the advent of HGTV, the home improvement industry saw americans spend $485 billion on home improvements last year.
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Bandwagon Effect
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Thinking about home improvements but unsure which updates will actually increase your home’s value? Watch this video to make smart renovation decisions that pay off!

Power Words
Over improvement
Customization
Investment
Return
Value