Thinking resale? Here are remodeling projects to avoid

By: Allison Millar, Contributing Writer
In: Necessary home improvements
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If you’re planning to sell your house in the next year or two, you know how important resale value is. Do you paint the bathroom red (probably not!), clean up the yard (a resounding yes!) or resurface your driveway (hmm…it depends)?

It’s hard to move ahead with remodeling when we’re focused on resale value. On the other hand, you still should maintain your house and take care of the basic chores. When it comes to tackling bigger home improvement projects, here are four ways to rein in your spending. Avoid:

  1. Major structural remodeling, such as foundation fixes (unless it’s a major issue that affects your safety or the integrity of your house and 5 people say it has to be done NOW!).
  2. Floor plan reconfigurations, because these often are costly. Unless the only way to get to the kitchen is through a spare bedroom, avoid the temptation to rearrange the floor plan. If you’re sprucing up your bathroom, consider these floor plans by Kohler Co. but look for ways to add them inexpensively. Replace a large cabinet with a pedestal sink, for example.
  3. Basement remodeling. While these are good suggestions from the Seattle Times, save them for your next house. Basement home improvement projects typically provide only a 60 to 75 percent payback and don’t always get the attention of would-be buyers.
  4. Patios and decks, unless you can do them yourself with inexpensive materials. When in doubt, put in a 10-foot by 12-foot patio with concrete pavers if you really think it boosts your yard appeal. Here’s more from Lowes. Otherwise, keep the grass cut, plant some nice flowers and call it a day.

Home improvement can be a great investment if you do it wisely and plan to live in the house for awhile. If you’re planning to sell soon, focus on decluttering, painting and sprucing up the décor. Save the real money for the next house!

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  1. One Response to “Thinking resale? Here are remodeling projects to avoid”

  2. jamie
    Mar 9, 2011

    If you are going to try and sell your home, then I would get a building inspection completed, fix any problems that they find, and then put it on the market. In this market, buyers are going to make you low ball offers regardless of what you do to your house…

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