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Features That May Decrease The Value Of Your Home


When thinking of marketing your home for sale, the thought of a few updates may cross your mind.


Most updates will be greatly appreciated by buyers and will increase the value of your home.


But not all of them…there are a few updates, that may not appeal to the masses. And when selling your home, you want it to be attractive to as many buyers as possible.


Exterior


Unless all the houses in your area are painted bright, vibrant colours, this is definitely something that should be avoided. A bright red or aqua blue home can look out of place and may leave buyers thinking about repainting it.


With how quickly homes are selling these days, buyers are looking for something they can settle into right away without the added costs and hassle of repainting.


Interior Paint


Brown, drab dining rooms and vibrant red kitchens are also top of the list for colours to avoid on the interior.


If you stick with neutral or warm colours, then you can save the bright, fun colours for drapes, backsplashes, and such.



Inconveniently Placed Appliances


The thought of ‘hiding’ a microwave in a drawer may seem like a great idea, however, most buyers find these a bit inconvenient and far too low for their liking. Stick with the traditional microwave placement above the range or in a space above the countertops.


Backyard


Expanding living space into the backyard is something that many buyers are looking for today. Having extra space to cook, relax, practice hobbies, etc. is ideal for everyone, particularly with so many of us working from home now.


Yes, many buyers will have children or will plan to have children, however, having a backyard that looks more like theme-park than a family space may be a turn off to many buyers.


Try to keep the children’s play area in one section of the yard rather than the entire yard. This will give buyers the ability to envision themselves living here and making memories with their families.


These suggestions may not apply to all homes or all buyers, however, they will appeal to the majority of buyers and that will ensure your home sells as quickly as possible.

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