comments
Worst Value Home Renovations
Email
 Print
|
In the past I’ve written about the best value home renovations and this time I bring you an article about the worst value home renovations. However, just as in the past articles, I think the most important factor in deciding whether or not you should undertake a particular renovation is whether or not you will enjoy it (and, of course, if you can pay for it). Whether you can get a ROI on it should be a secondary, if even that, concern.
That being said, the four value killing renovations are adding a swimming pool, poorly designed addition, trendy finishes, and a fancy schmancy jacuzzi with fifteen jets and a masseuse hidden in a separate compartment. Now, if you read the descriptions in the article linked below, it’s pretty obvious why some of these are a bad idea (maintaining a pool when you don’t want one is a major turnoff).
via CNN Money.
{ 2 comments, please add your thoughts now! }
Related Posts
 By Jim |
 Stumble It! Bookmark reddit.comTags: Sep 05, 2006 | Read more in The Home |
Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.
Another bad thing about swimming pools: many states, counties, and cities love to tax the heck out of them. Our friends across the street have a house very similar to others on the same street, but they have an assessed value $75,000 more than any other house. Why? Because of their swimming pool which certainly didn’t cost $75,000 to put in.
Oh, and don’t forget the huge jump in your homeowners insurance for having a pool.
I can concur that the fancy Jacuzzi is NOT a worthwhile investment. After a year we stopped using it as much and now have to change water 3-4 times per year, add expensive chemicals so it’s ready when we do want to use it and of course heat the water and keep the Gazebo stained.