Don’t Eat Up Your Equity with Too Many Home Improvements

    In the age of HGTV, it’s tempting to add every single bell and whistle to your New Orleans home.

    If you plan to live there forever? Improve to your heart’s content. I firmly believe that everyone should be happy with where they live. It should be a reflection of their style, their taste, what’s important in a home to them.

    If you plan to sell in a couple of years? Stop.

     

    New Orleans home under renovation

     

    Depending on your neighborhood, you may be pouring money into improvements that you have no chance of recouping when it’s time to sell.

    If you live in a neighborhood where everyone has granite counters and updated baths, then buyers will expect those amenities in your home as well.

    If you live in a neighborhood where most homes are stuck in the 80s? Choose your updates carefully in order to maximize your return when selling.

    Need advice on what changes will benefit you the most? Call us at 504-327-5303 and we’ll be happy to give you some guidance. 

     

     

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    About our blog

    Our agents write often to give you the latest insights on owning a home or property in the Greater New Orleans area.