Dont waste money before you sell!!!! - Rusty Cable

Dont waste money before you sell!!!!

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One awesome benefit to owning your own home is the ability to do with the home what you want to make it your own.  I know I have added things to my houses that cost money and may not have been the best use of the money even though it looked cool and was super functional.  You can over improve your home for the neighborhood or make improvements that take away from the functionality of the home. The balance is making your home what you want and keeping it in the range of what the neighborhood will sell.  

Here are the upgrades that could quietly cost you money:

Turning a bedroom into a closet or office. Bedroom count sets your price tier. Go from 4 beds to 3 and you can drop into a bracket worth $20,000 to $40,000 less. The walk-in closet may not be worth that in the eyes of the next buyer.

Converting the garage into a living room. In our market buyers want covered parking and storage. Take the garage away and you shrink your buyer pool. Fewer buyers means lower offers. However, putting an air conditioner in the garage to cool it down while in use can help the house sell.

Ripping out the only bathtub. That spa walk-in shower looks great. But families with little kids need a tub. Leave at least one in the house or you lose every buyer with a toddler.

A second luxury primary bath when you still have one toilet for guests. Buyers count bathrooms before they admire them. A 1-bath house with a stunning primary still reads as a 1-bath house.

Building past the neighborhood ceiling. If homes on your street sell for $600,000, a $120,000 kitchen does not make yours worth $720,000. The block sets the cap. You eat the difference.

Wiring the whole house for high-end tech. That $15,000 built-in automation and speaker setup is dated in five years. Buyers do not pay extra for last decade’s smart home. They pay to rip it out.

Unpermitted additions. That bonus room built without permits can stall the appraisal and spook the lender. It can cost you the whole deal, not just the value.

Loud, permanent finishes. Dark themed rooms, busy tile, wallpaper everywhere. You see personality. The buyer sees a demo bill and offers less.

The rule is simple. Spend on what the next buyer actually pays for. Match the neighborhood. Keep it neutral, functional, and permitted.

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The information contained in this Blog is an overview of different areas of the Houston Market. I will also bring in information that will be helpful for buying and selling the largest single investment a person will make.
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