Can You Over Renovate Your Home?

for Lambert Brothers Construction

Blog Post

We write a variety of blog pieces for clients in the wellness, spiritual, and self-development industries, however sometimes our work takes us out of our “niche” and into new challenges! Blog writing services include fully optimized blog content (SEO, keyword phrase, meta description, internal linking, and backlinks). All blogs are written in the true voice of the clients we serve, using the language their audience will understand and relate to.

Keyword Phrase: Over Renovate Your Home

Meta Description: What is over renovating? The answer is surprising. Not all renovations will be in your best interest when it comes time to sell your home!

There’s a myth among homeowners, renovators and other professionals that renovating a home will increase its value, allowing owners to sell it for a great profit. This might be supported by your favourite renovation show on television, but reality often paints a different picture.

In the Edmonton area, the fact is that your home will increase in value by the cost of materials used. You will not retrieve the cost of labour immediately, and you should know that the cost of labour is approximately 50-60% of most renovations. Therefore you should expect a 45% percent return on a professionally finished renovation not 110% as your TV show might suggest.

Here’s the truth.

Over renovating is just as much a problem as not renovating enough.

When trying to sell a property, not every dollar spent on a renovation will bring a return. A common misconception is that you will get a full return on your investment when you sell your home, but it usually doesn’t work out that way.

Renovating helps you sell faster — not for more profit.

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