Avoiding Common Renovation Pitfalls That Turn Off Buyers

There is no denying that renovation is a crucial component of homeownership. It can improve comfort. It helps optimize functionality. It can align the property with contemporary trends.

With that said, value enhancement is arguably the top concern during a renovation project. What will the ROI be after all is said and done?

To this end, not all renovations are created equal. There are some projects that buyers will pay a premium for and some that will end up being a money pit. Whether you are a current owner or prospective home flipper, keep reading as we go through a few do’s and don’ts ahead of renovation time.  

Don’t: Forget Functionality in Exterior Projects

Home exteriors have gotten a lot of attention in recent years. They offer a relaxing change of scenery for remote professionals and those just needing to unplug at the end of the day.

With that said, remember that highly functional exteriors are likely to be far more appealing than overly lavish spaces. A crisp, xeriscaped garden instead of a lush lawn of non-native plants. A tightly-constructed patio with a pergola and wall mounted fans instead of a swimming pool and hidden grotto. 

While sumptuous exteriors may be worth it for vacation rentals, they likely spell more upkeep than they are worth for buyers pressed for time in their daily lives. 

Do: Invest in the Bones of the House

Homeownership has been glamorized to the nth degree in the internet era. Celebrity realtors and home improvement websites never cease to spur the imagination. 

However, it is important to remember that a home (for the vast majority of people) is still a place to live. When looked at from this perspective, the bones of the house quickly become a top priority.

Consider upgrading the framing from basic wood panels to fortified ICFs. Add foundation wall waterproofing to prevent hydrostatic pressure from damaging subterranean walls. Use the best piping and electrical wiring so buyers can rest assured that they won’t be unpleasantly surprised by any utility issues down the road. 

Don’t: Create Highly Personalized Spaces

Just like getting a tattoo of your high school sweetheart almost never ends well, neither does creating highly personalized spaces in your home.

The mural of Michael Jordan was just the thing to make your man cave complete, but it is extremely unlikely any potential buyer will be as enthusiastic about NBA. The Barbie-themed guest bedroom for your daughter was wonderful, but what are the chances of finding a buyer with a small daughter who shares that passion? Even something like upgrading the master suite can quickly become too niche for some buyers if you add quirky, non-functional features.

This is not to say that there is anything wrong with making a dream home yours. Just be sure that you understand the impact that these types of highly personalized renovations may have when trying to resell. 

Do: Consider Climate Prepping Upgrades

Climate prepping. 

It’s a hot term in the real estate industry.

Extreme climate preppers are buying homes in areas of the country least likely to be affected by climate-related challenges. While these areas may not be able to approach Southern California in terms of beauty, it would be remiss to not acknowledge some of the climate challenges facing The Golden State. Namely, wildfires. Therefore, inorganic siding, fire resistant roofing, and the aforementioned ICF framing are just a few of the features that will appeal to buyers--and insurers. Also consider any projects that will improve durability and reduce reliance on energy resources, such as nonporous quartz countertops, low-E windows with steel framing, and energy-efficient appliances. 

Don’t: Attempt Overly Ambitious DIY Renovations

We live in a DIY world these days. A short internet tutorial can help people save time and money by doing simple tasks themselves. Changing the windshield wipers on your car. Sewing a button on your shirt. Making restaurant-worthy fried chicken.

For better or for worse, home improvement projects fall squarely on this list. While some projects can be rather straightforward, others fall well outside the expertise of most DIYers. The result is a project that turns into a money pit and/or complete eyesore. For example, something as seemingly simple as painting your house may repulse buyers if you fail to use the correct paint stripper and don’t have the right tools for applying the new coat. Therefore, if there is any doubt, call the professionals. It’s the best way to ensure professional work that will boost the value of the home. 

Know Which Projects Appeal to Buyers for Ultimate Renovation ROI

When it comes to renovation, choosing projects that will appeal to prospective buyers should be a top priority. From adding functionality to exterior makeovers to staying within your lane as a DIYer, consider any of the ideas listed above to help appeal stand out on the market. For more of the latest trends in Southern California real estate, explore the content at Jones Realty Group for the leading market insights!

Author Bio:

Lisa Thompkins is a freelance writer living in Dallas, Texas. She works closely in the Home Improvement and Restoration fields and has a background in Real Estate. When not writing, Lisa enjoys spending her time traveling and seeing the world. Lisa’s work as a freelance writer can be found on Building Product Advisor, a construction industry resource site.