Plant expert reveals UK weed that LOWERS property value
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As tempting as it may be to update your home with the latest trends, splurging on things like statement tiles can do harm to the value of your house. Trends come and go and while a quirky or unique pattern may look chic today, in a few years (or even months), the pattern can easily go out of style. This can be a turn-off for potential buyers who would have to make the pricey investment to replace them.
Take it from PriceYourJob.co.uk property expert Gregory Smith, who said: “Quirky tiles may seem exciting and creative to you, but they might be a bit much for someone else.
“For new buyers, this will be incredibly expensive to remove and if done incorrectly, it could damage the drywall.”
Rather than invest in a tile that is just going to be ripped up eventually, Gregory suggested: “If you really like the look of tiles, keep it consistent throughout the house and stick to neutral colours and simple patterns.”
Homeowners should also “avoid tiling living areas and bedrooms for a better aesthetic.”
Tiles aren’t the only devaluing renovations to be wary of. Before homeowners start cleaning their kitchens and repainting walls, Smith shares more potential devaluing updates including: hobby rooms, textured walls and ceilings, bi-fold door, and removing the bathtub.
Dreaming of installing an indoor gym into your home? Think again, says the expert.
Unless Britons are looking to stay in their home forever, then they should consider keeping their space more “bland.”
Gregory said: “A home gym, cinema, or zen space are all great ideas if you’re looking to stay in your current home forever.
“A surround sound movie theatre to you, may just want to be used as another bedroom for the next buyer.
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“Houses that sell faster are far more bland, as people can imagine themselves living in spaces that are not too personalised.”
Incorporating texture into walls or ceiling was considered trendy for decades, but things have changed.
This technique was considered a great way to hide imperfections, but now it could put off potential buyers.
The property pro said: “Most potential buyers now prefer smooth ceilings and walls.
“If your walls or ceiling is textured, buyers may be more wary of purchase as they may suspect damage to the property.”
Bi-folding doors are an effective way to maximise natural light in your home, “however, if the bi-fold doors are poor quality or improperly fitted, they can devalue the cost of your home,” Gregory warned.
He added: “They can be easy to break and the replacement parts to fix bi-fold doors can be hard to track down, making them more impractical than an attractive renovation option.”
It’s not uncommon for homeowners to think maximising space will be the most appealing to potential buyers.
For families though, simple things like a bathtub are essential factors that can come into play when deciding whether or not to buy a home.
The expert explained: “Whilst it may make the space larger, a bathtub is considered essential for many families, especially those with children or pets.
“You may still get the same price for the property if you do remove the bathtub, but it could take longer to sell.”
Those who are okay with the longer wait may run the risk of potential buyers haggling the purchase price lower.
Selling a home requires a lot of work and effort from knowing how to clean thoroughly, to replacing carpet with hardwood flooring.
For those unsure if they want to sell their home in the future, keep in mind that pricey renovations done now could impact the future value of their home when they do decide to sell.
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