What things can lower your property value?
I watched an interesting program on HGTV that talked about the top 20 things that lower the value of a property.
Some of the things were as follows:
Laminate flooring: Although there is nothing wrong with laminate, putting it EVERYWHERE in your home can bring the dollar value down.
Personal style decorating: This is an interesting one. Very often, people want to stand out and want their home to be unique and special. They decorate a room, or their whole home in a unique way - country style, outlandish colors, or some other way to attract attention or to express themselves artistically. However, when the time comes to see their home, their very unique style may be a turn off to most people and hurt the value of their home.
Animals: Of course many people adore their animals and wouldn't trade them for anything. But the smell of animals can put people off and due to allergies, some people may not even view a home housing an animal. None of us want to get rid of our beloved pets so the only thing to do is to make sure your home is as hair free and smells as animal free as possible.
Smoking: This one is even worse than animals. The smell of smoke lingers in a home and is extremely hard to get rid of. Some buyers won't even finish looking at a home if there is a strong smell of smoke in it. If you are selling your home and you are a smoker, try your best to air it out and for the duration that your house is on the market..smoke outside.
Foundation cracks: Cracks in the foundation can be enough to send a buyer running for the hills. If your home is on the market, make sure these are repaired. If you don't want to spend the money to fix them, be prepared to price your home accordingly or to have someone give you a low offer to cover the cost of repair.
These are only a few of the twenty.
See if you can guess what some of the others were???
http://www.peihouses.com