Remove Architecture Remove Modernization Remove Renovations
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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

New construction pros and cons Buyers drawn to modern living may find the benefits of new construction appealing, though they should be prepared for some drawbacks. Renovating to modernize can add to the long-term cost of a resale home.

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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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Unexpected Maintenance Needed on Old Homes

Eppraisal

If you’ve fulfilled your dream of owning an old house, you know there’s so much joy in its timeless charm, unique architectural details and rich history. However, these architectural gems require consistent maintenance — often much more than newer properties.

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Renovation and Remodeling Appraisal Considerations When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

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Is Buying a Historic Home Right for You?

Zillow

Some home buyers want new, modern and move-in ready. As a result, renovating and altering a historic home - particularly the building’s facade - will require a separate layer of approval and sometimes bureaucracy. As a result, renovations and planning can take longer and cost more. Many towns throughout the U.S.

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How to Maintain the Character of an Old Home

Eppraisal

That said, most old homes are rough around the edges and require renovation to be fully functional. Use historical significance and architecture as a main selling point. Don’t Touch What’s Unique Before starting renovations, decide what nonnegotiable parts of the old home you want to maintain the most.

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How to Sell Your House Fast in Chicago with Targeted Updates and Spot-on Pricing

Chicagoland Appraisal Blog

Chicago’s housing options include a wide diversity of architecture, styles, and sizes, including vintage condos, brand-new construction, and 7,000-square-foot homes. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Replace bathroom vanities if needed.