Check out these home features that often inspire sellers to jack up their price. That's fine if you truly want these things, but if not? You're wasting your money.
1) A huge yard that you rarely enjoy
A sprawling green lawn may have a certain curb appeal at first sight. And if you have kids or plan to spend a lot of time outdoors, it's a fine feature to splurge on. But if you doubt anyone will be out there much, you're just tossing money out the window. Plus, it'll end up costing you more to maintain.
2. A short commute you won't use
If you work from home, commute at off-hours, work in the suburbs, or are retired, don't pay extra to buy a house near mass transit, or within easy driving distance of major office areas—those are homes that regular commuters might covet, raising the asking price of these homes.
Is this an important factor to you? If not, consider a home that's a bit farther out to save cash.
3. A top school district when you don't have kids
A home zoned for a great public school will always command top dollar on the open market. However, if you don't have (or plan to have) kids, why empty your wallet to send someone else's child to school? Look for homes just outside the district to save on purchase price and property taxes.
4. A single-story house when you're fine with stairs
In many locations, homes all on the same level command a higher dollar value because the boomer generation prefers them when downsizing, says Jen Nelson, an agent in Phoenix.
If you can handle going up a flight of stairs or two, consider a two-story house to get more bang for your buck. (Another bonus? A smaller roof to replace when the time comes.)
Read about more features that might not be worth your buck on Realtor.comPosted by West + Main Homes on
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