20 Renovations That Will Hurt Your Home’s Value

A Home Office Conversion

Thanks to improved technology, more professionals have the opportunity to work from home, and some might consider creating a dedicated home office space to get the job done. If the new office space was formerly a bedroom, this could be a costly mistake, according to Jamal Asskoumi, real estate agent and owner of homes listing website CastleSmart.com.

“A home office is usually a conversion from a bedroom,” he said. “This already is wrong. Never convert a bedroom into anything other than a bedroom. It will devalue your property immediately. Losing a bedroom could see a 10 percent [drop] in price.”

If you must use a bedroom space for a home office, be sure to avoid any bulky built-in desks or shelving units. That way, when it’s time to sell, you can easily stage the space back into a bedroom for potential buyers to see.

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