5 Home Improvements That Don’t Add Value

    There are five upgrades you should think twice about doing if you want to add value to your home and sell it for top dollar.

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    Not every upgrade you can make to your home will increase its value. Here are five improvements that definitely won’t add to your home’s value:

    1. Extensive landscaping. We always hear that curb appeal is really important, and it is, but you should scale back when it comes to extensive landscaping. Avoid shelling out $10,000, $20,000, or even $30,000 for a full re-landscaping job. Instead, try just laying out some dark mulch, raising the canopy of the trees, and sprucing things up for the photos.

    2. Electrical and plumbing upgrades. When we walk prospective buyers through your house, it’s an emotional experience for them. They’re basing that experience 100% on what they can see and feel. The good news is they’re not seeing what’s behind the walls, like the plumbing and electrical systems. These systems can be very expensive to upgrade, so save yourself the money. Just consider doing some maintenance if these systems are old.

    An appraiser won’t give you a credit boost just because the paint is fresh.

    3. Installing a pool and/or a spa. You’ll probably spend at least $100,000 (and maybe even $125,000 or $150,000) because of all the limestone you’ll have to blast into. If you want to install a pool, do it for personal reasons, because you’ll only get around a 25% return on it when you sell the house.

    4. Painting the house. Although I do consider this one of the most cost-effective improvements you can make, an appraiser won’t give you a credit boost just because the paint is fresh. Painting the interior and exterior of your home may make it more saleable, but don’t expect it to boost your appraisal value.

    5. Upgrading essential features like your gutters, sprinkler system, and HVAC unit. Remember, you’re trying to make money by increasing the value of your home. If there’s an issue with one of these features or they’re older, buyers will expect that to be taken care of, and upgrading them won’t make them pay more money for the house.

    If you have any questions about this or any other real estate topic or you’re thinking of buying or selling a home in our market, don’t hesitate to reach out to me. I’d be happy to help you.

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    Alexis Weigand

    Recognized industry-wide as a person of influence, Alexis Weigand is renowned for her passion, leadership and steadfast commitment to consistently producing a high level of achievement. A native Texan from Boerne, Alexis is also widely known for her energy, professionalism, and knowledge of the San Antonio and Hill Country Luxury real estate market. Over thirteen years as a top-producing Broker in San Antonio Alexis Weigand has earned a reputation as the go-to luxury Realtor in the beautiful Texas Hill Country. Alexis is an experienced bilingual Real Estate broker who has managed hundreds of transactions for both domestic and international clients alike. Alexis began her career in Austin in 2005 and then joined forces with her father as an associate broker at W.K. Shumpes Company in Boerne. When Keller Williams opened their first ever luxury real estate office, Alexis saw the opportunity to partner with the #1 real estate agency in North America as a way to exponentially grow and expand her business and better serve her clients. Since joining KWLI, the Alexis Weigand Real Estate Group has continuously outpaced and negotiated the market, receiving multiple awards and recognitions over the years including No.1 Agent in Boerne and Fair Oaks Ranch for fastest home sales, KW Top Team Awardee, No. 1 KW Listing Agent per number of homes sold and volume sold for two consecutive years, and Platinum Top 50 Winner to name a few. Alexis largely credits this success to a unique approach to a team concept where each team member is extremely efficient by focusing on their individualized areas of expertise. For her, real estate is about the people AWRE serves – and helping them achieve their goals and build wealth through real estate. Alexis’ greatest passion is developing leaders and teaching. She can regularly be found in the classroom educating new and seasoned real estate agents. Always wanting to be remembered most as someone who made things better. Alexis strives to keep learning each day by committing herself and her team members to high-level business coaching and training programs to stay ahead of the curve. When Alexis is not championing the San Antonio Luxury market, she's likely to be somewhere outdoors with her husband Chris and their three children, Carter, Cade, and Elise. As an avid business reader, there's a good chance you'll also find her at the gym, working out and listening to a good audiobook about leadership! Specialties: - ALHS, Accredited Luxury Home Specialist Certifications: - Broker - Broker Associate - CRS®, Certified Residential Specialist® - GRI, Graduate REALTOR® Institute - CLHMS, Certified Luxury Home Marketing Specialist - Institute for Luxury Home Marketing - Texas Realtors Leadership Program - IMSD, Internet Marketing Specialist Designation Awards: - Centurion Award Winner 2014-2019 - 2018 Top Team - Keller Williams Realty City View - 2018 Platinum Award - Keller Williams Realty City View - 2018 Top Growth Partner - Keller Williams Realty City View Industry Organizations: - NAR, National Association of Realtors - TAR, Texas Association of Realtors - SABOR, San Antonio Board of Realtors - NBCLAR, New Braunfels/Canyon Lake Association of REALTORS - REALTORS® Land Institute (RLI) Council - CRS, Council of Certified Residential Specialists Community Involvement Types: - Local: Organization, Association or Club - National: Organization, Association or Club Community Involvement Organizations: - Dallas Children's Advocacy Center - Habitat for Humanity, ALC - National Multiple Sclerosis Society - Congregation Rodfei Sholom of San Antonio Texas - American Lung Association - Children's Hospital of San Antonio - Leukemia & Lymphoma Society - American Heart Association - 100 Women of South Texas - SA2020 - Product Council of Urban Land - SNIPSA - Homes for Our Troops - MD Anderson Cancer Center - Ryan's Well Foundation

    One Response to “5 Home Improvements That Don’t Add Value”

    • Terry Rucker

      Written on

      Alexis, I really like your informative add. I hope it works for you. As a home inspector I see that homes with older mechanicals sell better if they are upgraded. I can’t really say whether it adds to the amount the home brings but I know it ups the salability. Just a thought from my professional perspective. Good luck

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