From choosing roofing tiles to determining how many electrical outlets to add to the living room, when it comes to building a new home, there are a seemingly endless amount of decisions. Some choices are simple and straightforward, and others are a lot pricier and deserve a second thought before deciding to spend a lot of money on an unwise option that won't add value to your new home. If you're considering constructing a new home or are in the midst of a project, here are three common choices that won't add a lot of value to your home:
A Decked Out Backyard in the Wrong Climate
Does your new home's dream backyard feature a massive, custom-made gazebo, a built-in grill and a massive hot tub? If you live in a seasonable climate, these are great upgrades to consider because you'll get use out of them all year round. However, can you see yourself enjoying your gazebo or pricey gas grill in the dead of winter?
If you live in an area that features four very distinct climates, it's important to plan your backyard accordingly. For example, instead of spending a small fortune creating an open air patio, consider adding a four-season patio that features a small heater or wood burning stove to your new home's construction plan. This will allow you to enjoy this room no matter what the weather.
Additionally, no matter what climate you live in, you may want to reconsider installing an in-ground pool on your new property. According to House Logic, the average in-ground pool will cost anywhere from $17,000 to $45,000 or more to build. In addition, building a pool has one of the worst ROI, or return on investments, of any home upgrade.
If you decide to sell your new home in the future, chances are potential buyers won't see your pool as anything more than an expensive eyesore they don't want to deal with.
Foregoing the Third or Fourth Bedroom
Having a master bedroom complete with a massive walk-in closet, master bathroom and even a sitting area would be the dream of any exhausted adults or parents. If you enjoy watching movies, you may want to add a media room to your plans. Adding a dedicated home office might be another consideration when creating a lay out for your new home.
However, if your space is limited, it is vital to remember the importance of your home's value, even if you can't imagine selling your beautiful custom home in the future. This is why before you blow your construction budget on custom amenities, you should first consider creating a layout that features a third or fourth bedroom.
Remember, even though the space is technically a bedroom, it can still be used as your home office, entertainment room or home gym.
Overspending For Your Neighborhood
You've found the ideal piece of land to build your home, and you are excited to get to know your neighbors. However, what you might not realize is that the state of your neighbor's homes and landscaping can impact your home's value.
This is why it's important to not construct a new home that is far more valuable than any other house on the block. The best way to do this is to tour any homes in the area that are for sale and look at the prices of recent homes sales. Use these numbers to help you determine a budget, and try to keep your home's value in line with the existing homes in your neighborhood. Otherwise, you may wind up owning the nicest house on the block that is actually devalued because of the other properties in the neighborhood.
From foregoing a pool to making sure you don't spend too much on your build, there are several upgrades and additions to avoid when constructing your new home. For more information about home improvements, talk to a company like Lacrosse Homes.