When buying a new home, what upgrades should you look for? Do we upgrade the lot? Pick more square footage? Add an extra bedroom? Which holds the best value?

A lot depends on why you are buying the house.Are you buying it mostly as a home or mostly as an investment? There is a big difference. For the most part, upgrades are high-profit items for builders.They aren't designed to enhance the value of the house, rather to make you happier with the house you will buy.If you are looking at your home as an investment, then you buy from the smaller to medium size in the tract and spend only a minimal amount on upgrades.If you are looking at your purchase as a home, then you select upgrades that will enhance your quality of living.For specific information on what to look for in a house when resale value is a consideration http://realestateabc.com/homebuying/house.htm).