Your dream house makeover is not just a simple remodeling project; it's a costly investment that requires significant money and time. However, while transforming your home into the house of your dream, you might stumble into a few construction regrets that will teach you a costly lesson. Let's explore the five pricey remodeling mistakes and how you can avoid them.
Converting a Garage Into a Living Space
Although it appears to be a fantastic idea, most homeowners end up regretting transforming their garage into a living area. Bill Samuel, a residential real estate developer, estimates executing this plan will cost you approximately $30,000.
No matter how well executed, garage conversions tend to leave an unsightly appearance in your home's exterior design, which can bring down your property value. Instead, you can simplify and enhance the functionality and value of your home with more minor, more practical enhancements rather than investing the entire $30,000 in a single massive project.
Creating a Game Room
According to Tara Spaulding, an interior design supervisor and a consultant for Patio Productions, homeowners frequently express regret after constructing a game room, even though it may appear to be an excellent entertainment addition to their homes.
Acquiring a space specifically designed for a particular function, such as a gaming room, is not always a wise decision to maximize your home space. Aside from restricting the room's functionality, a game room has no positive impact on the resale value of a residence. She also anticipated that constructing a game room would cost approximately $4,500.
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Adding a Luxurious Spa tub
When it comes to the coveted spa-like bathroom, a free-standing spa tub is a crucial component; yet, this renovation may turn out to be a renovation flop. Keeping them clean and organized is complex and takes up a lot of space. According to Michele Morrison, a real estate agent in the Greater Bay Area of California, considering the amount of room these bathtubs take up in the house, they can't be used often enough.
Turning a Bedroom Into a Walk-in Closet
Consider the lost habitable square footage before becoming overly enthusiastic about an angled shoe storage and an entrance pole. When you built the closet, you gave up precious bedroom space. As per Leneiva Head, a real estate broker and the owner of Welcome Home Realty, the value of your home will also significantly decrease because of this addition.
Adding Pot Fillers
Christopher Peacock, founder of an eponymous luxury cabinet firm in New York, stated that a wall-mounted faucet next to the stove is ideal since it allows you to fill a large pot with water without taking it from the sink.
On the other hand, he emphasized that this is not a 'must-have' addition for your kitchen. You still have to transport the pot to the sink to drain the water once you have finished, which can be a tedious taskl when you're cooking several pounds of pasta. Most of the time, this one is a total and utter waste of time for $5,000.
Related Article: 5 Renovations That'll Get Your House Sold Quicker than You Think
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