These days, home renovation projects are often discussed in terms of your return on investment or how quickly a project can speed up the selling process. It’s widely agreed upon that renovating a kitchen or bathroom is typically a financially responsible choice if you plan to sell because these projects typically see a great return in the form of a higher sale price—or a quicker sale.
However, spending your time and money choosing the perfect light fixtures or wallpaper probably won’t make a big difference when you go to list your property. Still, these smaller projects that are more personalized often make us the happiest as homeowners, even if they don’t affect sellability. Here, we spoke with real estate experts about some of the home improvement projects that you might appreciate the most—but that probably won’t improve your prospects when it comes time to sell.
“If you get a lot of enjoyment out of a home project, it might still be worth the cost for you if it improves your quality of life while living in the home,” says Steve Nicastro of Clever Real Estate. “Just keep in mind that the projects could impact your home’s potential resale value and ability to sell.”
Nicastro makes a good point: Some projects can actually lower your home’s potential resale value, no matter how much joy you as the current owner get from them. Still, if you feel passionate enough about a certain upgrade or renovation, it’s probably still worth it. Your enjoyment of your space is an often overlooked factor when it comes to weighing the pros and cons of a home improvement project.
“Homeowners shouldn’t be afraid to create a space that’s very unique to their own lifestyle and interests because ultimately they’ll derive so much satisfaction
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