Knoxville Homes For Sale – Things That Can Hurt Your Home’s Value

One of the great things about owning a Knoxville home is your ability to customize the home to fit your needs. Unfortunately, not all upgrades and repairs increase Knoxville home’s value. If you’re thinking about selling Knoxville home this year, here are a few things that can kill your home’s value.

Trying To Have The Best House On The Block

The value of your Knoxville home is directly influenced by the homes surrounding it, which is why you don’t want to outdo all of your neighbors. When it comes to making repairs or upgrades to your West Knoxville home, the general rule of thumb is to make changes that are comparable to your neighbors. For example, if you’re in a neighborhood where homes generally sell for $120,000 or so, and you put $30,000 into a new kitchen, you’re not going to see the full return of those upgrades because that type of kitchen isn’t common in your neighborhood.

Only Upgrading Half The House

If you’re going to spend the money updating your Knoxville home, be sure you’re consistent throughout the house. If you’re going to spend a whole bunch of money updating the master with a new bathroom and customized closet, but leave the rest of the home as is, you could be killing your home’s value. This can make one part of your home really appealing, but make the rest look dull in comparison. If you’re going to spend money on updating your Knoxville home, be sure to spread the love around.

Making Your Home Too Trendy

Trends change every season, so when it comes to making changes to your Knoxville home, it is important that you go with classic. You’ll be most likely to see your return on investment with these changes. Not to mention, you won’t be sending any buyers running for the hills.

Old Fixtures

Old lighting fixtures, ceiling fans, and doors knobs can make a home look old. These items are something that is quickly noticeable, especially if other parts of the home have been updated. Luckily, updating these fixtures is something that can easily be updated for a pretty reasonable price. Get rid of the gold door knobs and update to something more modern.

Bold Paint Colors

Paint colors are something that can be easily changed in a Knoxville home, however, offensive colors are something that can be quickly noticed by buyers. A neutral paint job is something that every home can benefit from when it comes to selling your Knoxville home. While bright yellow walls may not send every buyer running, they can make buyers have difficultly picturing themselves in your home.

Are you thinking about selling your Knoxville home this year? Please let us know if there is anyway that Knoxville Home Team can assist you. Rick can be reached at 865-696-9002 or via email at [email protected]. Kati can be reached at [email protected].