32 Money-Wasting Home Upgrades Experts Say to Skip
Not all home upgrades are worth it
Going all-in on the latest trending home improvements may be personally satisfying, but do they add value when it’s time to sell your home? It depends. Renovation projects, no matter how cool they seem on Instagram, aren’t always worth the investment. If you want to make money, not lose it, steer clear of money-wasting home upgrades.
Unless upgrades make real, functional differences to your home, it might be better to save your money for something more useful. But how do you know which renovations make sense? Reader’s Digest spoke with seven real estate experts to round up this list of home upgrades that might look good, but just aren’t worth the money. Keep reading to find out which home upgrades you’d be better off avoiding.
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Too many improvements
One of the first things Realtors do to determine the value of your home is to run the “comps,” or comparables, of other homes in your neighborhood. “If you improve your home too much, in any area, you may price your home outside of the neighborhood you live in,” says broker Ryan Fitzgerald, the owner of Uphomes, a real estate listing website. Depending on where you live, a large or expensive remodel might not match up with the price per square foot of neighboring homes. “You may find you’re priced well outside the neighborhood price range,” Fitzgerald says.
Inconsistent design and fixtures
A farmhouse-style kitchen tricked out with shiplap and subway tile may be your design dream come true, but if the rest of the house has gold fixtures and shag carpet, it’s a home upgrade you might regret when it’s time to sell. “If you go from modern brushed nickel fixtures in one room and then walk into a room full of gold fixtures, your home is going to feel inconsistent to the buyers,” Fitzgerald says. “Keep your fixtures and designs consistent.”
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