Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Home Value Architecture Renovations Real Estate 73

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 78

Realvals

JANUARY 15, 2017

There are always pros and cons with any home renovation. The biggest pro is that your home always looks way better, and the biggest con is that it always costs too much money. Renovation pros and cons also apply when it comes to home appraisals. The problem with renovations and appraisals. Not so much.

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Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.

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Lamacchia Realty

DECEMBER 31, 2021

Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home for sale. You’re able to enjoy the upgrades and renovations longer while also capturing the attention of potential buyers. To start your home search , contact our team at Lamacchia Realty today!

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Eppraisal

OCTOBER 10, 2023

You don't need a whole renovation — simple changes like replacing worn-out tiles, updating the vanity or adding new faucets can freshen up the space and bring a "return on investment"  of over 70%. Updating the baseboards, crown molding and trim can add an extra touch of elegance to your home.

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Eppraisal

NOVEMBER 5, 2024

As we head into 2025, several key trends are emerging that will impact home value and attract buyers seeking modern and desirable features. Sustainable Choices: Making Green Renovations a Smart Investment Homeowners are becoming increasingly environmentally conscious, and this trend is spilling over into home renovations.

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Home Value Renovations Modernization Buyers 36

Housing Wire

FEBRUARY 8, 2024

Remember — most of the time, buyers and sellers may not be actively looking for your services, but when they are, real estate farming ensures you are always top of mind. Because there are fewer homes per square acre and buyers typically tend to own their homes for more extended periods in such neighborhoods.

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Eppraisal

NOVEMBER 21, 2023

Here, we delve into the top five home improvements that not only elevate your living experience but also promise substantial returns when it's time to sell. Kitchen Remodeling: The Heart of the Home The kitchen is often considered the heart of a home, and potential buyers pay close attention to its condition and features.

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Home Improvement Home Value Modernization Investing 68

Cleveland Appraisal Blog

JUNE 25, 2021

Physical depreciation is the most common cause of loss of value. All homes, that are not new, suffer from physical depreciation, because all homes are only new once. Even if they are completely renovated, they are still not considered to be new. As a home ages, it begins to deteriorate. FUNCTIONAL DEPRECIATION.

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Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. Whether a complete kitchen remodel, a bathroom update or adding a fresh coat of paint, each project can breathe new life into your home.

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Cleveland Appraisal Blog

FEBRUARY 4, 2021

Since many people are using these types of companies to sell their homes now, I have to now check with these sites to see if the home I am appraising is, or was, listed on one of these sites, in addition to the MLS. Since AVM’s base their values upon data from the market, at times they can be accurate.

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Eppraisal

JUNE 18, 2024

Last week we published a post on the type of renovations one needs to make before selling their 20-25 year old house. If they’re in high demand, renovations might be unnecessary. Conversely, renovations can help if there is little buyer interest.

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Realtor

AUGUST 24, 2023

Instead, property value is determined by everything from the year your home was built to its proximity to transportation to the number of bedrooms. And experts say there are many more intricate details that buyers and sellers might not realize that influence value. The post How Much Is Your Home Worth?

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Sellers Appraisal Buyers Transportation 123

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

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Town & Country Residential Appraisals

JANUARY 27, 2020

We’ve seen 1 bedroom homes “fluffed” into 4 bedrooms, and 0 bath homes “fluffed” into 1 bath homes - BY BROKERS?! Most home buyers have encountered a “lying listing” — the house for sale that doesn’t even remotely resemble its colorful description in the Multiple Listing Service or classified ad. With binoculars.

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Eppraisal

APRIL 5, 2024

In this post, we'll explore key market trends and provide insights into strategies for optimizing home values in an ever-changing environment. Understanding Market Dynamics The foundation of maximizing home values lies in a deep comprehension of market dynamics.

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Home Value Renovations Real Estate Real Estate Agent 28

D Fritz Appraisals

MARCH 7, 2019

Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. This information will help you impress the appraiser as well as prospective buyers.

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Renovations Appraisal Real Estate Agent Buyers 78

Houston Properties

MAY 6, 2020

We’ve gained experience as the #1 boutique real estate team in Houston, and have gathered data from our database of 30,000 buyers. We have over 150 pages of guides that contain best practices, expert tips, market insight, and recent data on what buyers are looking for. READ THE TOP 9 HOUSTON HOME SELLING MISTAKES.

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Renovations Realtors Sellers Valuation 66

Lamacchia Realty

APRIL 10, 2024

How this can Decrease Value : Swimming pools can take up most of the yard space and can be expensive to maintain. A property’s value can be negatively affected if the pool is in need of a lot of repairs. For those kinds of buyers, this does add value to the property.

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Round Rock Appraisal

MARCH 28, 2015

An appraisal of property serves the benefit of both the seller and the buyer. This not only makes sure the price listing for the property is fair but also to insure the buyer isn’t overpaying. Cash buyers are not looking into financing, but caution is still be practiced. Compare Various Other Homes On The Market.

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Buyers Appraisal Renovations Property Taxes 36

Raleigh Realty

FEBRUARY 21, 2022

Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact home values. How to Calculate a Home’s Square Footage: Here’s the good news: calculating square footage is fairly easy.

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Chicagoland Appraisal Blog

APRIL 3, 2020

Which types of homes tend to be most attractive to buyers? Just as the housing stock in Chicago is incredibly diverse, so too is the pool of buyers. Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Updated homes tend to sell faster in Chicago, notes Westhoff.

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Real Estate Agent Architecture Modernization Buyers 78

East Coast Appraisal

FEBRUARY 28, 2022

Your home's square footage is a great determinant of the home's appraised value. Buyers love an opportunity to expand, and most of them would prefer a property that allows expansion. Market Trends Market conditions determine your home's value at any given time.

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East Coast Appraisal

SEPTEMBER 12, 2022

Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. This insurance covers the risk of financing a mortgage with less equity from the buyer. Should a buyer fail to make payments later on, PMI helps the lender recover its losses.

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Appraisal Renovations Insurance Home Value 52

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

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Marketing Real Estate Agent Real Estate Valuation 69

East Coast Appraisal

MARCH 16, 2023

Alternatively, you can hire a professional to work on your home. A clean interior can make a very good first impression when a prospective buyer comes to inspect your house. The purpose of a good cleaning is to make the buyer imagine themselves living in the house with a neat view.

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Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do.

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Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do.

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Appraisal Real Estate Agent Real Estate Mortgage 78

D Fritz Appraisals

MARCH 16, 2021

This will help ensure a fair market value. Any non-permitted additions – if you’ve added a permanent structure without a permit, this can impact the value of your home and pass an unwanted issue on to the buyer. Properties that have undergone significant changes may no longer be useful for the CMA.

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Raleigh Realty

JULY 12, 2022

Raleigh Real Estate Supply Raleigh is currently in a buyer’s market, which means there are more homes for sale than available buyers. This means buyers have more power to negotiate for lower pricing. However, in Raleigh, homes typically sell for above the asking price. Home values will increase through 2022.

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Real Estate Supply Chain Construction Home Value 78

PennyMac

OCTOBER 10, 2023

The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Eppraisal

JUNE 26, 2024

Purchasing a fixer-upper is not for the faint of heart, but with strategic remodeling and smart spending, you can reap the rewards of comfortable living and a higher home value. Here's how to properly budget for renovating a neglected dwelling and transform it into a dream house. 

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Renovations Home Value Buyers Technology 36

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. If a buyer paid ‘X’ amount for a property similar to the one being appraised then other buyers will probably pay a similar price for the subject property.

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Birmingham Appraisal

AUGUST 30, 2023

If there are few recent sales in your area, it can be challenging to establish an accurate appraisal value. These are locations that a potential buyer would also look at and that would provide a similar alternative. Being aware of locational factors can help you set more realistic expectations about the value of your home.

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Eppraisal

APRIL 19, 2024

Prioritize these five swaps to boost home value and maximize your returns. About 48% of real estate agents say energy-efficient home features are all the rage. Having traditional lights can turn off green-minded buyers.  LED Its absence can drive down home values, so making the swap is worth it.

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Home Value Renovations Design Real Estate Agent 36

Raleigh Realty

MARCH 29, 2021

This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

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