Homeownership is an investment, and with all investments, we want a return on our money. There are things we can do that will get a greater return and things that DO NOT get a return for our money invested in our homes.

Things that generally ADD value:

• Adding above grade (non-basement) square feet via additions
• Adding Bedrooms
• Adding bathrooms
• Remodeling kitchen
• Remodeling bathrooms (especially master bathrooms)
• Finishing basement
• Painting interior with neutral colors (grays, whites, browns, etc.)
• Moderate sized decks, patios and porches

Things that generally do NOT add value:

• Doing the home remodeling yourself to save money. Unless you are a professional, it is better to leave home remodeling to the professionals.
• Painting interior with wild non- neutral colors (reds, blues, greens, purple, etc.)
• Solar Panels
• Swimming Pool or Personal Spa
• Extensive Landscaping
• Adding a walk-out/up basement to existing basements
• Oversized decks, patios and porches
• Wine cellars
• Man caves

Remember, just because you like it, doesn’t mean other potential buyers will. Also seek advice from a Real Estate professional before making renovations to your home to ensure you are getting the best return on your investment.