{"id":1692,"date":"2016-04-21T15:15:19","date_gmt":"2016-04-21T22:15:19","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=1692"},"modified":"2016-04-21T09:01:57","modified_gmt":"2016-04-21T16:01:57","slug":"renovations-that-can-hurt-your-homes-resale-value","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/04\/renovations-that-can-hurt-your-homes-resale-value\/","title":{"rendered":"Renovations That Can Hurt Your Home&#8217;s Resale Value"},"content":{"rendered":"<p style=\"text-align: justify;\">According to Jonathan and Drew Scott, stars of the HGTV show &#8220;Property Brothers,&#8221; you&#8217;ll want to be careful how you renovate or remodel your home.<br \/>\n&#8220;Just as there are features you want in a house, and that also increase the value of the space, there are changes you should not make to a house,&#8221; they write in their book, &#8220;Dream Home: The Property Brothers&#8217; Ultimate Guide to Finding &amp; Fixing Your Perfect House.&#8221; &#8220;These are features that can bite you back when it&#8217;s time to sell.&#8221;<br \/>\nHere are six renovation &#8220;no-nos,&#8221; according to the Property Brothers :<\/p>\n<p style=\"text-align: justify;\"><strong>1. Don&#8217;t sacrifice limited bedrooms for storage<\/strong><br \/>\nIf you&#8217;re considering converting your tiny third bedroom into a walk-closet, take a moment to reconsider. &#8220;In family-friendly neighborhoods, a house with three small bedrooms is still more valuable than a house with two bedrooms and a big closet,&#8221; they write.<br \/>\nHowever, if your home has four medium-sized bedrooms with no master bedroom, converting one of the rooms to expand another is a safer move, according to the Property Brothers.<\/p>\n<p style=\"text-align: justify;\"><strong>2. Don&#8217;t get rid of the only bathtub<\/strong><br \/>\nFamilies with kids will \u2014 more likely than not \u2014 want to look for a house with a bathtub, the brothers warn.<br \/>\n&#8220;You don&#8217;t have to have a bathtub in the master, unless the house is in a retirement community, but do keep a tub in the shared or family bedroom,&#8221; they write.<\/p>\n<p style=\"text-align: justify;\"><strong>3. Don&#8217;t spend a fortune building a custom home theater<\/strong><br \/>\nThe idea of a movie room or home theater might be loved by buyers, but not everyone will be willing to pay for it, the brothers caution. It&#8217;s also hard to keep up with the newest, best, or flattest televisions when technology is ever-changing.<br \/>\n&#8220;All the gear you spent a fortune on easily becomes dated,&#8221; they write.<\/p>\n<p style=\"text-align: justify;\"><strong>4. Don&#8217;t convert your garage into another room<\/strong><br \/>\nJust because you need more room in your home doesn&#8217;t mean you should touch your garage. In communities where most of the homes have one, a garage is expected.<br \/>\n&#8220;If your house is the odd man out, many buyers won&#8217;t even look at it,&#8221; the brothers write.<br \/>\nMake changes to your porch or finish the basement rather than permanently eliminating the garage, they suggest.<\/p>\n<p style=\"text-align: justify;\"><strong>5. Don&#8217;t put in a pool<\/strong><br \/>\n&#8220;In most cases a swimming pool does not add enough value to a house to offset the cost of putting it in,&#8221; they write.<br \/>\nNot only will the pool be expensive for you to install, but according to the Property Brothers, many buyers consider a pool to be a maintenance hassle, and those with small children are often afraid of the safety risks associated with backyard pools.<br \/>\n&#8220;The only place a pool makes sense is in very warm climates where people spend time outside all year long,&#8221; they write. &#8220;But still keep in mind you won&#8217;t get all your money back for putting it in, even in these climates, mainly because of ongoing maintenance and energy costs.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>6. Don&#8217;t build highly specific rooms that can&#8217;t be easily changed<\/strong><br \/>\nLuxury add-on rooms such as a basketball court, cigar room, or wine cellar might seem like a good investment, but according to the brothers, they have limited appeal.<br \/>\n&#8220;Unless the market you&#8217;re in can sustain these kinds of luxury add-ons, they just are not worth the money,&#8221; they write.<\/p>\n<p><a href=\"http:\/\/www.aol.com\/article\/2016\/04\/15\/6-renovations-that-can-hurt-your-homes-resale-value-according\/21344974\/\" target=\"_blank\">6 Renovations That Can Hurt Your Home&#8217;s Resale Value <\/a>by Jessica Mai | AOL Real Estate<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Jonathan and Drew Scott, stars of the HGTV show &#8220;Property Brothers,&#8221; you&#8217;ll want to be careful how you renovate or remodel your home. &#8220;Just as there are features &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2016\/04\/renovations-that-can-hurt-your-homes-resale-value\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1692","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renovations That Can Hurt Your Home&#039;s Resale Value &#8226; 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