15 Home Upgrades That Aren’t Worth the Investment

A recent survey by Zippia revealed that 76% of American homeowners have carried out at least one home improvement project since the start of the COVID-19 pandemic.¹

While some upgrades can boost your home’s value, others may not provide the return on investment you’re hoping for. Before you break out the tools or hire a contractor, take a closer look at these 15 home upgrades that may be a waste of your hard-earned money.

1. Swimming Pools

While a swimming pool may seem like a luxurious addition to your backyard, it can be a money pit. Installation costs can range from $30,000 to $100,000, and ongoing maintenance expenses can add up to $3,000 per year. Plus, pools often turn off potential buyers when it’s time to sell.

2. High-End Appliances

Splurging on top-of-the-line appliances may not be the best investment. While they might look impressive, the added features and technology often come with a hefty price tag that doesn’t necessarily translate to better performance or longevity.

3. Extensive Landscaping

Elaborate landscaping, such as intricate gardens or water features, can be expensive to install and maintain. Not only do they require a significant upfront investment, but they also demand ongoing care and attention, which can quickly eat into your budget.

4. Luxury Bathroom Fixtures

While a spa-like bathroom may be appealing, investing in high-end fixtures like a steam shower or a jetted tub can be a waste of money. These features are often costly to install and maintain, and they may not be a priority for potential buyers.

5. Custom Built-In Furniture

Built-in furniture, such as bookshelves or entertainment centers, can be expensive and may not suit the tastes of future homeowners. Stick with versatile, freestanding pieces that can be easily moved or repurposed.

6. Trendy Wallpaper

While wallpaper has made a comeback in recent years, opting for bold, trendy patterns can be a risky investment. Wallpaper is notoriously difficult to remove, and what’s fashionable now may look dated in just a few years.

7. Sunrooms

Sunrooms can be a great way to enjoy the outdoors without the elements, but they come with a high price tag. Not only are they expensive to build, but they can also be costly to heat and cool, making them a less practical addition to your home.

8. High-End Light Fixtures

Designer light fixtures can quickly eat up your renovation budget. They may add a touch of elegance to your space, but they often don’t provide enough value to justify their high cost.

9. Elaborate Home Theater Systems

While a dedicated home theater room may seem like a dream come true for movie buffs, the reality is that these spaces often go unused. With the rise of streaming services and more affordable home entertainment options, investing in a high-end theater system may not be the best use of your money.

10. Expensive Carpeting

Plush, high-end carpeting may feel luxurious underfoot, but it can be a poor investment. Carpets are prone to staining and wear, and they often need to be replaced more frequently than other flooring options like hardwood or tile.

11. Overbuilding for Your Neighborhood

Investing in upgrades that significantly outpace the value of other homes in your area can be a mistake. You may enjoy the added features, yet you’re unlikely to recoup the costs when it’s time to sell.

12. Garage Conversions

Converting your garage into a living space may seem like a smart way to add square footage, but it can actually decrease your home’s value. Many buyers prefer the convenience and storage space of a garage, and losing this feature can be a dealbreaker.

13. Whirlpool Baths / Hot Tubs

While a whirlpool may provide a relaxing soak, it’s a feature that many homeowners rarely use. The high installation and maintenance costs, combined with the significant water and energy usage, make it a less practical choice for most households.

14. Ornate Ceiling Treatments

Intricate ceiling treatments, such as coffered or tray ceilings, can be expensive and may not suit every homeowner’s taste. Unless these features are common in your area, they may not provide the return on investment you’re hoping for.

15. Extensive Outdoor Kitchens

While an outdoor kitchen can be a great addition for homeowners who love to entertain, going overboard with high-end appliances and features can quickly become a money pit. Stick with a simple setup that includes the essentials, like a grill and some counter space, to get the most bang for your buck.

Source:
1. Zippia