Quote:
Originally Posted by Vaive
I see this all the time with real estate. I spent $30K on landscaping so my house is now worth $30K more right? Nope. It's at best worth $0 and at worst, worth negative $10K. You may think it's the most beautiful backyard ever created. But to the average buyer it's a bunch plants that take away usable yard space, may cause allergies and will be a real pain in the ass to mow around.
Same concept applies to cars and mods.
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Very true most of the time but they will always be “value added options” there are people actually good at knowing what adds value and what does not. Typically people are the opposite like in the example of your yard that you gave. A house with zero landscaping or terrible landscaping will sell for less than a nicely and properly landscaped house