"Burning money in the fireplace" may sound like a drastic hyperbole, but it's an apt metaphor for the aftermath of certain home upgrades that homeowners often believe will increase the value of their property. In reality, you'd be better off skipping these eight common renovations if your ultimate goal is to sell your home for a higher price. These upgrades are not your golden ticket to a better home sale price; in fact, they might end up costing you more than you would recuperate. It's time to debunk the myth that you can simply "flip" your own home for an easy profit. Let's explore these eight home "improvements" that could actually decrease your home's value.
One common pitfall is the reduction of bedrooms in a…
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