Upgrades That Can Actually Lower Palm Beach County Home Values
By Christian Penner, Mortgage Broker Owner - 561-316-6800 | 561-373-098
(America’s Mortgage Solutions | The Christian Penner Mortgage Team)
Renovations and upgrades will increase anybody’s West Palm Beach home values, right? Maybe…but not so fast! Believe it or not, some projects can actually diminish a Palm Beach County property’s home values. In other words, you could potentially lose more than the cost of the project: you could lower your home’s ultimate resale value as well! One of the most common examples is the overly ambitious landscaping project. Who doesn’t love a well-tailored garden or a perfectly maintained backyard? Yet, as HGTV’s Sabrina Soto, host of “The High/Low Project” points out, overdoing it can be counterproductive. To some potential buyers, too much landscaping could equal increased maintenance (meaning more work and expense). When the balance isn’t right, turned-off prospective buyers can bring lowe...
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