20 Renovations That Will Hurt Your Home’s Value

A Sunroom Addition

A sunroom can be a great space to enjoy the outdoors away from the elements, but according to Remodeling, a sunroom addition is one of the worst home renovations when it comes to return on investment.

In 2015, the national average mid-range sunroom addition cost $75,726 and only had a resale value of $36,704.

Think carefully about how often you’ll use a sunroom before committing to this costly renovation, especially if your home might be on the market anytime soon.

 

A Built-In Aquarium

A built-in aquarium can make a home feel fancy and upscale, but it requires constant maintenance and can be costly to remove.

Not all potential buyers will want to care for a large tank full of fish or pay for the maintenance that comes along with it. Instead, opt for a standard fish tank to avoid any issues down the line.

 

Built-In High-End Electronics

An in-house theater is perfect for any movie buff, but built-in or customized electronics that take up space in an otherwise usable room could be off-putting to potential buyers, according to BobVila.com.

As with all home renovations, personalization can lead to a decrease in home value, and built-in technology that can quickly become outdated is no exception.

 

A Swimming Pool

Contrary to popular belief, a swimming pool addition is not the best way to add value to your home. In fact, according to HouseLogic, a swimming pool could increase a home’s value by only 7 percent at most — and that’s only in certain circumstances.

“Unless you live somewhere that’s hot at least six months out of the year, pools are generally more trouble than they’re worth,” said Davis. “The only people who really want them are families with a certain age range of children, so it limits the potential buyers.”

With the cost to build a pool, maintenance expenses and a very minor potential value increase, a swimming pool addition simply isn’t worth it for most homeowners.

 

A Hot Tub

Similar to swimming pools, hot tubs are a gamble — they take up space and require constant maintenance. Plus, homebuyers with children might consider a hot tub a safety hazard. Many homebuyers won’t want one and will need to consider the cost of completely removing the hot tub when making an offer, according to Asskoumi.

If a hot tub is on your list of must-haves for your home, consider a portable hot tub versus a built-in hot tub. You could potentially take it with you when you move, or your home’s new owners can easily remove it when they choose to.

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