Removing bedrooms or converting them into other spaces can shrink your buyer pool and lower your home’s value.
Eliminating a garage for living space often reduces appeal, as buyers value functional garages over extra rooms.
Overpersonalized or unpermitted renovations can deter buyers and lead to lower offers when selling.
When it comes to selling your home, it’s easy to get caught up in all the ways you can upgrade to make it more appealing to buyers. Plenty of advice focuses on ways to add value to your home in hopes of netting a substantial profit. However, not all upgrades are worth the hassle. In fact, some may even lower the value of your home once you place it on the market.
We spoke with real estate experts about which renovations are more likely to hurt your resale value.
Jim Gruler is the co-founder of Seeking Agents and an Arizona-licensed real estate broker.
Dell Jeanty is a Northern Virginia realtor with Dell Residential Group.
Christina Rordam is an Orlando, Florida real estate agent with 18 years of experience.
One major renovation all our experts agreed on to avoid: removing or converting bedrooms into another space.
“One renovation I always caution sellers about is permanently eliminating a bedroom,” says Jim Gruler, co-founder of Seeking Agents. “Turning a bedroom into a huge closet, gym, or dedicated office may work perfectly for the current owner, but you’ve potentially eliminated every buyer who needs that additional bedroom.”