[New post] 5 Features That Decrease Home Value (Lawns and Landscapes)
reidreamland posted: "Good morning beautiful people. Hope your day has been productive and fun. Last week my partner started a new thread. In the hopes of offering our followers a few simple ways to upgrade their curb appeal. Although I have to be a little bit of a downer toda"
Good morning beautiful people. Hope your day has been productive and fun. Last week my partner started a new thread. In the hopes of offering our followers a few simple ways to upgrade their curb appeal. Although I have to be a little bit of a downer today. Actually today I'm going to be giving you 5 features that decrease home value. As a way of helping readers understand why their properties sit on the market for so long. Our why they are not getting the offer prices they desire.
As I have been seeing more and more houses, I am starting to notice one common thing. Most owner sellers add on, um, what i like to call emotional equity. Now, I'm not saying that age doesn't give your home character. I am though, saying that just because you have great summer memories in a particular area of your property. You can't expect that to translate to a prospective buyer.
July 27, 2021 By Sawandi Kirby This article may contain affiliate marketing...(Details)
Sawandi Kirby
Therefore I've scoured the blogs and articles and gathered myself a list. A list of features, that at the of this post I hope we will all agree decrease home values. Please...don't attack the messenger.
A large water feature may negatively affect the value of your property by $2,500 or $10,000, thereby reducing the value of your property, depending on its size and connection to the garden. Although they are very good at attracting bees, birds and butterflies, some buyers see water features as more maintenance work and want to remove them after they buy the house.
2. Unkempt Gardens
An unattended garden without TLC can lower your selling price by 1% to 2%. Largest: According to the Virginia Extended Survey, a large, beautiful garden has the highest yield, and planting a few scrawny plants can hurt your home's value.
A cluttered garden will put off those who don't want to work too hard, especially first-time home buyers and young families.
3. Swimming Pools, Hot Tubs
You might think that when someone sees your pool, they will think of children playing in the water, lazy afternoons, and happy summer memories. Let this idea fade. No matter how many good summers you spend around the pool, many buyers will only see maintenance issues, additional insurance requirements, and constant concerns about safety. Many buyers will not even look at a house with a pool.
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In general, the rate of return of the mining pool is also very low, only 43%. However, for luxury homes located on large properties, the suggestion will be reversed. They tend to work well in swimming pools. The same is true for homes in certain price ranges and countries, such as Florida, Arizona, California, and Texas, where swimming pools can be an expected convenience.
This is a big investment: installing an 18 ft x 36 ft underground pool with a depth of approximately 3 to 7 feet at a cost of approximately $58,000, including a standard filtration system. With an estimated return on investment of 43%, simply selling your home is not worth assuming. In addition, you can exclude buyers who are not "poolers" or who do not want to take care of maintenance.
A little concrete is fine. But many feel more industrial than at home. The wide concrete creates a parking lot-like patio, where rainwater collects in puddles. It can appear unsightly, become a source of heat, and also pose a safety hazard to friends and family.
5. Fruit Trees
Figs? Umm...Oranges? Sumo Oranges, (look them up) love them. Apples? More than one a day. But caring for a fragrant garden is not everyone's idea of the Garden of Eden. They attract insects and require constant pruning, and high-yield trees give you an additional task: how do you get rid of all the fruit?
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Many potential home buyers would rather hang out at the farmers' market than pruning the trees. Therefore, while you may be competent in the task of maintaining trees and reaping rewards, most others will not. If you do not plan to stay at home long enough to reap the rewards of landscaping options, please review and decide if you can get your outdoor Johnny apple seeds out. From an economic point of view, it is best to choose ornamental trees.
Conclusion
Okay, okay not too bad right? I think especially being based on Florida we've all seen these features. We've seen nice...great pools, fountain figures & patios. On the other hand I can confidently say you've seen more bad than good. I know I have. If you know any more features or ideas that either help or hurt home values. Please feel free to comment and share your thoughts. Ideas are meant to be shared.
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