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Here’s how to choose between a house, condo or townhouse

Housing Wire

Most condos also have strict rules regarding decor and customization of the properties, and you’ll typically pay a COA fee to help keep up the community. Townhouses tend to be a bit larger than condos, and buyers actually own the land they rest on, too. This makes them less valuable in the long run. Buying a home? Townhouses.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor

“When considering the overall cost of homeownership, the price of insurance and property taxes will vary based on community and location,” Ross says. You can check with your local tax office or assessor to confirm the property taxes in your area and calculate what you can expect to pay based on a home’s assessed value.

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Exploring U.S. Home Square Footage Trends

Empire Appraisal Group

Home size was larger during the pandemic when interest rates reached historic lows and home buyers were often looking for a house that could be home, workplace, and school all at once. Plus, you won’t have to pay as much in property taxes. Home sizes trended downward in 2022 and 2023 as housing became less affordable.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor

Watch: Buyers Should Know These Factors That Drive Up a Home’s Price. When considering the overall cost of homeownership, the price of insurance and property taxes will vary based on community and location,” Ross says. Keep in mind that property taxes vary widely by state and city.

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What to Know When Selling Your Home: Essential Tips for Success

Listing Spark

Determining the right asking price is crucial for attracting buyers and making a successful sale. The real estate industry has involved changing commission structures , technological innovations, and shifting buyer expectations in recent years.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

I pick good news stories (non-partisan) to talk about or decorating! Yes, decor is a safe-place if you know what you are talking about.” ” “My extensive physical inspection background includes completing property inspections for the insurance industry. We are prohibited from discussing value on site.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

TAX TALK King County property taxes are typically reassessed every year, with adjustments based on the value of the land and structures. This process happens whether the property is sold or not, but purchasing a home can trigger a noticeable increase in assessed value. SOCIAL HOUSING OUTCOME Seattle voters have spoken!