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Common Remodeling Mistakes

October 5, 2011

Whether you are remodeling your home with the idea to sell it or just want a nicer house to live in, you can avoid some of the errors that many homeowners make.

One of the biggest mistakes is to overinvest in a project. For example, while great kitchens do sell houses, you can lose money if you overdo it. Kitchen remodels should stay within 5% to 15% of the home’s total value. For any home upgrade, it’s also important to check out comparable homes selling in your area and follow their lead.

Don’t make changes to the house that clash with its original design. If you have a traditional colonial home, super modern upgrades could detract from its overall appearance.

Adding unnecessary additions can lose you money in the end. These days, smaller homes are easier to sell, so it would be better to make your present spaces more multi-functional.

Be sure to ask your REALTOR® about which home improvements best increase your home’s value.

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