As many Ohio homeowners plan home projects for the rest of the summer, it’s important to keep in mind which will boost your home value and bring a great return on investment and those that will actually de-value your Brunswick, Hinckley, Medina or Strongsville property. Every homeowner wants to maintain a healthy property value, regardless of your timeframe for selling the home, so stop and think before you pick up that hammer. If you’re selling your home now, these blunders are all the more reason to reevaluate your upcoming home projects.
Here are a just a few ways you can actually de-value your home in Medina County, OH:
Remove a Bedroom
If you’re not using the space—especially if you’re now an empty-nester— it may be especially tempting to turn that spare bedroom into an office, craft room or home gym. However, Ohio homebuyers are not looking for those in particular, they’re looking for the bedroom count and more space than their current homes have to offer. The number of bedrooms you have drastically affects your property value, so ask yourself if the space is absolutely necessary. If it is, go ahead and change the room, but perhaps convert it back before you sell.
So-So Renovations
When selling your home in Medina, Valley City, Columbia Station, North Royalton, Brunswick, Hinckley and Strongsville, you might be motivated to do the necessary, inexpensive improvements to pass the property to a new owner, but not those that are worthy of your investment. If your kitchen needs work and you complete a mediocre renovation, homebuyers could factor that into their offer. Before renovating, take everything into account— from hiring a contractor to which materials are the best use of your money. Choosing the right ones can really pay off.
Poor Maintenance
It’s important that you keep up with the everyday maintenance tasks of your Medina County home. In fact, according to homeowner helper website BrightNest, “without proactive maintenance—like cleaning lint from the dryer or changing your furnace filter— your home could lose up to 10 percent of its value.” Routine maintenance tasks boost curb appeal, protect home value and ensure safety.
Looking for more ways to impress Ohio homebuyers this year? Contact BOLD Real Estate Consultants today! Now is the time to sell and we’re happy to help attract the right buyers to your property.
Sajag Patel
BOLD Real Estate Consultants
440-879-7260
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