4 Home Improvement Myths – As you plan for a home improvement, renovation, or remodeling project, there are a few myths you are likely to come across. Before making any plans, be sure you are not buying into one of these 4 popular home improvement myths that will lead to future frustration.
4 Home Improvement Myths
1. A pool is a great investment that will add value to the home
You have likely heard this one many times before. A pool is a great way to enjoy your home more while adding instant equity, right?
Well, not exactly. In some situations, this is true. If you live in a climate that accommodates swimming for over half of the year, you are likely to get a great amount of use out of the pool, and your potential future buyers are more likely to see it as a selling point.
On the other hand, if you live in a climate with a true four seasons where you pool will mostly just be usable for 3 months out of the year, the investment is unlikely to pay off. Pools require a significant amount of weekly, seasonal, and occasional maintenance. The expense and work it takes to keep your pool in good condition may not be worth it to your potential buyers, and may end up costing you more than it’s worth for your household.
Also, keep in mind that pools present a hazard to young children and people who cannot swim. This means it may narrow your potential buyer pool.
The bottom line: Putting in a pool might be a worthwhile investment for you, but it does not guarantee higher resale value.
2. You can do it yourself
With so much information available online, including detailed video tutorials and even paid workshops and online seminars, many people are learning how to do their own home improvement projects. In some cases, this is a great way to learn a new skill that saves you lots of money.
However, there are many common blunders that occur when someone decides to DIY a project:
- They underestimate the time and/or effort required and are not able to finish the project within a reasonable timeline
- The tools needed to complete the project end up costing as much or more than labor would have
- The online tutorial was incomplete or not perfectly relevant to your situation, resulting in a bad product
- The project is not done up to building code and ends up causing problems during resale
The bottom line: Think carefully before deciding to do a project yourself. Ask some experts, or at the very least experienced friends and family, if there is anything you need to know before embarking on the project. When in doubt: call the pros.
3. Any remodel is better than no remodel
Somehow, this myth has really caught on among some people. The idea that any renovation project is better than nothing comes from the assumption that all projects do in fact improve the home. This is not always the case.
Some renovations end up making the house less desirable than before. Some examples of this might be:
- Updating flooring in only part of the home, causing a disconnected, strange aesthetic
- A project that is so specific it limits resale value (think changing a living room into a recording studio or installing a ballet studio where there used to be a garage)
- Bold design choices that are difficult or costly to change in the future
The bottom line: Keep resale value in mind while planning your renovation, and make sure the project is truly a home improvement.
4. Following design trends is a safe way to go
Interior design trends are just that: trends. They come and go, and while fun to follow, can be costly to follow if you don’t plan well. When you are planning a home renovation, keep your foundational materials and design choices classic. Flooring, countertops, layout, and built-in features should be timeless. Then, you can incorporate design trends you love with accents that are easier to change over time, like paint colors, hardware, lighting fixtures, and furniture.
Have some questions about a renovation you are considering after reading these home improvement myths? We would love to help. Contact us to find out how our professional and friendly team of experts can help make your home improvement project the best it can be.