Six renovations that don’t add value to your home
Certain projects, such as adding a well thought-out family room - or other functional space - can be a wise investment, as they do add to the value of the home. Other projects, however, allow little opportunity to recover the costs when it's time to sell.
Many home owners believe that any renovation will add value to their home, but some are met with an unpleasant surprise when they realize the improvement they invested time and money in isn't going to give them a better asking price. It is a safe bet that renovating your bathroom or kitchen will add value, but what are the top renovations that won't?
From swimming pools and landscaping to expensive tiles and carpeting, this article from the Globe and Mail shows which popular home upgrades you shouldn't expect to increase your asking price.