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On a home valued at $500,000, that would be a 4% increase in home value. Renovation ROI will be influenced by the current value of your home, your local housingmarket, how soon you sell after renovations and how much you spend. Fritz for Your Appraisal Needs At D.
increase in housing, transportation, and food prices since last year due to its rise in growth. Still remaining less expensive than nearby cities, the housingmarket has seen a 12.2 The homes for sale in Smithfield represent some of the bestvalue in the triangle area of NC. trend upwards through the years.
I was taught that “one sale does not make a value.” Of course, we have all had situations where one sale was the bestvalue indicator. In conclusion Mortgage rates persisting above 7% have dampened the housingmarket, dragging builder sentiment and shifting rent versus buy dynamics. know why a comp was not used.
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