VALUE vs. DESIREABILITY

VALUE vs. DESIREABILITY

Buyer buys home.
Buyer makes improvements to home.
Buyer expects home’s value to increase.
Buyer learns that the money spent on improvements did not add value to the home.
Buyer is wrecked.

I’ve seen this too many times to even count. Homeowners spend their hard earned dollars on improvements that they believe will make their home worth more, but it really only makes a home more desirable. Allow me to explain.