Finance

13 things that will trash your home’s value

Too many upgrades

Too many upgrades

Trong Nguyen/Shutterstock

Location plays a huge role in your home’s value, and similarly sized homes in the same area usually sell for around the same amount — regardless of fancy upgrades such as pools or outdoor kitchens. According to U.S. News & World Report, similar homes in the same subdivision typically sell within a 20% price range of each other.

Spending $100,000 on extras doesn’t necessarily mean that the house will sell for $100,000 more, and, depending on the additions, they can make the home less attractive to prospective buyers.

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