Signs your home is losing value

Home values in the U.S. have risen more than 5% over the past year and are expected to continue to rise, according to real estate and rental marketplace Zillow.

Your Home Is Dated Compared With Nearby Properties

Your house might not fetch top dollar if you haven’t bothered to update it. “Are your kitchen and bathrooms from the ‘Brady Bunch’ era while most of the recent sales in your neighborhood had the smooth, quartz countertops and stainless-steel appliances?

You’re Not Staying On Top of Home Maintenance

Failing to keep up with maintenance and repairs on your home is a sure sign that it will start losing value as problems accumulate, said Daniela Andreevska, marketing director at Mashvisor, a real estate data analytics company.

Your Neighbors Aren’t Maintaining Their Homes

Don’t assume that maintaining your home will protect its value. “Neighbors who allow their homes to fall into disrepair can affect the value of your home,

You’re Neglecting Your Home’s Curb Appeal

If you’re trying to figure out how to increase your home value, start by paying attention to how it looks to potential buyers. Your home won’t make a good first impression if you haven’t bothered to improve its curb appeal.

Inventory in the Housing Market Rises

The value of your home is tied to the housing market in your area, and a crowded housing market could spell trouble for your home’s value. “When inventory in the housing market rises, the value of your home has high potential to decrease,

Nearby Homes Are Selling For Low Prices

Smart buyers will check the list prices and sale prices of homes to determine what a fair market price is in your neighborhood. “If your neighbors recently sold a house for a low price, buyers will often expect your house to also be priced low,

Your Neighborhood Is Hit By an Economic Slowdown

Your home could lose value if your neighborhood falls on hard times. “One definite sign is that businesses are moving away from your neighborhood,” Andreevska said. “This means that there will be fewer jobs

There Are Several Foreclosures in Your Neighborhood

Your home value could drop if houses in your neighborhood are in foreclosure. “Even if you are not at the risk of foreclosure, buyers will believe you are if too many houses around yours have been repossessed by banks,

There Are Lingering ‘For Sale’ Signs

Your neighbors’ inability to sell their homes quickly is a sign that your home could lose value. “If you notice that houses in your neighborhood have had those ‘For Sale’ signs up on their lawn for a long time, this is a bad omen for selling your own property