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Worst Value Home Improvement Projects

#homeimprovement #remodel #renovation Save 20-45% on your next renovation project with Realm: https://f.realmhome.com/?utm_source=r... Not all home remodeling projects are a good idea in terms of return on investment or ROI. I made this video to make you aware of the home renovation projects with the worst ROI in California so that you don't lose money when you go to sell your home. The return on investment information in this video has been provided by home advisory company Realm from data they’ve gathered on renovations of single family homes all across California. Finishing your attic has such a low ROI because attics were never intended to be living spaces in the first place. An attic is small and cramped and usually doesn't have any mechanical systems or insulation so it is extremely expensive to renovate into a finished living space. Landscaping may improve your curb appeal, but this home renovation project doesn't have a good ROI when it comes to adding equity to your home. Landscaping design is highly subjective and not all homebuyers want to deal with yard work or paying ongoing maintenance costs for a gardener. Converting your garage to living space is not a good idea in terms of increasing your home value because most homebuyers want a garage to function as a garage. A bathroom addition has such a poor return on investment because it's so expensive to build out new square footage from scratch. Adding a new bathroom to your home involves pouring a new foundation, adding new framing, siding, electrical, HVAC, plumbing, and all the interior finishes necessary for a functioning bathroom. Replacing your windows has a surprisingly low ROI because of the high upfront cost of this home improvement project. New windows aren't an obvious improvement in the eyes of homebuyers even if they do increase the energy efficiency of your home. The home remodeling project with the worst return on investment is an in-law suite where you're converting existing living space into a self contained apartment. In-law suites are in low demand because not many homebuyers are looking to house their elderly parents or rent out space in their home for passive income. Make sure to check out my video on the home renovation projects with the highest return on investment in California so you know which remodeling projects add the most value to your home! Disclaimer: The information provided on this YouTube channel is for educational and entertainment purposes only and should not be construed as financial or investment advice. The content on this channel is not intended to be a substitute for professional financial or investment advice, and you should always do your own research and consult with a licensed financial advisor before making any investment decisions. The views and opinions expressed on this channel are solely those of the author and do not necessarily reflect the views of any organization with which the author may be affiliated. Investing involves risk, and past performance is no guarantee of future results. By accessing this channel, you acknowledge that you have read and understood this disclaimer.

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