When you own your home, most people have a never ending to-do list of home renovations they would like to accomplish. Home improvements can be expensive. For most upgrades, you do not get a dollar-for-dollar increase in the value of your home. However, most people still choose to carry out the renovation for personal enjoyment.
The California Association of Realtors released a survey of what buyers don’t want. The following table summarizes the survey’s results:
|
Item |
Percentage of Respondents that did not want the Renovation |
| Elevator |
70% |
| Just a Shower Stall in the Master Bath |
51% |
| Wet Bar |
41% |
| Laminate Countertops |
40% |
| Outdoor Kitchen |
31% |
| Glass-Front Cabinets |
31% |
| Ceramic Tile Countertops |
30% |
So if you are thinking of making a renovation and planning on selling your home in the near future, you should pay attention to the survey results to see if your renovation will pay off with potential buyers.
