The Re-Sell Myth: 5 Worst Home Fixes for the Money
It's the magic phrase uttered by almost anyone who's ever considered the
cost of home remodeling: "We'll get it back when we sell."
Unless you keep those projects practical, you might just be kidding yourself.
Steel front door: Good.
Master suite addition costing more than the average American home: Bad.
Every year, Remodeling magazine looks at the hottest home upgrades and calculates just how much owners get back when they sell.
is more popular than upgrades these days, says Sal Alfano, editorial
director for Remodeling. These are the projects that often recoup the
biggest slice of expenses at resale.
Ever wonder what brings the
lowest return when you plant that "for sale" sign? Think high-dollar,
highly personalized add-ons like a tricked-out garage or a super luxe
master suite addition.
Here are the five improvements that rank dead last nationally when it comes to getting those renovation dollars back at resale.