7 “Upgrades” That Don’t Add Much Value to Your Home.
Buying a home is a significant investment. The goal for most homeowners is, ultimately, to increase the value of their home. Perhaps they intend on selling it, or maybe they plan on passing it down to future generations. Whatever their reasoning, most people don’t purchase a home expecting to lose money.
In many situations, a home’s value will increase over time, with little more than standard maintenance and upkeep required. In fact, home values have?more than doubled?since the 1970s.
However, not everyone has five decades to wait for the value of their home to rise. For those looking to increase the value of their home more immediately, certain upgrades might just do the trick. While remodeling the kitchen or replacing your windows may make a big difference to the home appraiser, there are some “upgrades” that—surprisingly—don’t add a whole lot of value to your home.