21 Projects That Will Actually Hurt Your Home's Resale Value
Ava Richardson 12/21
Garage Conversion
Some convert their garages to a home gym. Some may turn the space into a family room or even a game room. But if you’re selling, buyers may put higher value on a garage over extra living space.
Experts on Realtor.com note certain markets put much higher value on garage space, so a home without a garage becomes much harder to sell. Plus, depending on where you live, there may be tight restrictions on converting garages to living spaces.
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Removing a Bathtub
If you’re remodeling the bathroom, think twice before you remove a bathtub. While you may value a walk-in shower over a tub, buyers with families will likely still want a bathtub. Realtors suggest you can remove a bathtub as long as there’s one in a second bathroom.
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New Roof
While a leaky roof may present a problem for buyers, many real estate agents say a new roof is seen as more of a maintenance issue rather than a remodeling project that increases value.
A 2020 market survey by Remodeling Magazine estimates a new roof increases home value by about $16,287. But agents suggest looking at it this way: If you didn’t redo the roof, how much would you discount your sale price to entice buyers.