Oftentimes, when a client invites me over to their home for the first price assessment, they’ll give me a room by room tour boasting and showing off all their “cool” additions and upgrades that they’ve made to their home. Countless times, I’ve looked at these upgrades and thought to myself, “they’re never going to get back what they’ve spent on these upgrades.”
As much as people may want to believe that updating their homes will always increase the value of their home, this isn’t the case. There are many home updates that home owners will spend thousands of dollars on, but never see that money back in their pockets. Here are 10 home updates or strategies that many owners make that end up with the lowest return on investment based on my experience over the past 30 years.
10 Home Updates With the Lowest Return on Investment
- Home Theater Room
- Sound System & Other Built-in Electronics
- Commercial Grade Kitchen Appliances
- Over-improving for Your Neighborhood
- Wine Cellar
- Swimming Pool
- Exotic Flooring and Hard Surfaces
- Designer Fixtures and Hardware
- Large Garage Shop or Addition
- Over-the-top Improvements (Kitchen, Master Bedroom, Master Bathroom)
Additionally, here are some other notable worst ROI investments from other websites...
- Quirky or Personalized Décor
- Whirlpool Baths, Saunas, and Indoor Hot Tubs
- Ornate Chandeliers, Wallpaper, and Paint Treatments
- Home Office Overhauls
- Sunroom
“10 Worst Home Upgrades For Resale.” Style at Home
“9 Worst Home Improvement Projects That Decrease Resale Value.” Money Crashers
