That old adage should be a warning for homeowners. What you do to a home — in terms of renovations, furnishings and additions — is all well and good while you sleep under its roof. But if you plan to sell, your efforts could diminish rather than boost its selling price.
Contact the appraisers at www.scappraisals.com for your value questions. Remember appraisers determine value and real estate agents sell homes.
A miniature backyard skate park, indoor basketball court or basement lounge complete with a stripper pole and smoke machine are the sorts of extravagances that may not directly push down your home value, but could nevertheless drive away prospective buyers or provide room for them to haggle down the price.
Read more: http://www.zillow.com/blog/2012-03-07/beware-of-value-killing-home-renovations/
Disclaimer: for information and entertainment purposes only
Green Real Estate Appraiser 