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    Unfavorable Projects for Increasing Your ROI

    Although some renovations add value, in this post, we want to let you know about the worst projects for increasing your ROI to your Sacramento property.

    The thing is not all renovation project is a good thing for you and your ROI. Some renovations simply aren’t worth it. Below, are the things that will want you to remember that will not contribute to your growing investment here at Sacramento. We assure you that we will discuss some of the unfavorable projects that are not worthy of your time and effort. Hang tight!

    WORST PROJECTS FOR INCREASING YOUR ROI:

    • AN ADDITIONAL BATHROOM; Having an excess bathroom is a feature that most people would love, but when it comes down to it, they are not willing to shelter an extra amount of dollars that extra bathroom costs to build. A bathroom addition will cost you $40,000+, still, when the time comes that you decided to sell your property, you will be able to mark the property up about $20,000. Not a good idea to add an extravagant bathroom!
    • DEALING WITH MAJOR REMODELS; Other people believe that remodeling their kitchen or bath is the only way to persuade your future tenants in. Although these areas are necessary, a major remodel is not a good idea when you are looking to add value for a sale. The truth is major renovations are expensive and can also lead to additional repairs you weren’t ready for. The costs can easily snowball without the value of home rising enough for the project to make sense. Eminently personalized renovations will surely drive some buyers away. Not everyone has the same style or taste, so giving your future buyers a way to repair by their style and preference is a great reason for you to not shed extra money of your own.
    • THE SUNROOM; Although the idea of adding a sunroom is a bit cozy, putting one is a bit expensive. Extra insulation, construction cost, and maintenance that will come along with it can add up easily. Truth to behold that a sunroom can be an extremely enjoyable place to stay, but you’re likely to get only a small percentage back in return upon the sale of your home. A sunroom can also increase your heating and AC costs each month.
    • ADDING A POOL; When it comes to recreational activities pool is always the answer, who doesn’t want to dip in a pool while having the time of your life drinking some juice? Surely, everyone loves it! But the catch is adding a swimming pool is another waste of money. Pool maintenance can be expensive and may even discourage some buyers who would have been interested in your property otherwise. If the owner wants some pool in the backyard, let them be the ones to put-up and decide for themselves. Being practical is always a great idea.

    Remember that, before you make any renovations to your property, consider first what the return will be like for you. Some projects may be a good idea to add in your house or will create value but won’t provide much of a return on your investment. Be sure to think logically and practically to understand which improvements and renovations you should be making to your Sacramento investment property.

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