ITS MY HOUSE: Upgrades that can actually lower your home’s value.

Many homeowners look for ways to increase the value of their homes and a common and efficient way of doing so is through upgrades, which can be an excellent way to not only boost the eventual selling price but also make a home more enjoyable for the family.

However, Yael Geffen, CEO of Lew Geffen Sotheby’s International Realty, cautions that not all upgrades are equal and, whilst many will deliver on returns, there are some remodels that can work against you and could even make your home less desirable.