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That can be a challenge if they live in an unusual or uniquely constructedhome, or if they live on a vast stretch of land with few neighbors. Homevalues and vast acreage Homevalues can also vary wildly. I live in an area where the median home price is $2.4
New Construction Premiums: Most builders will charge a great deal more for larger lots, but in the long run, the resale market might not want to pay that same premium. Is The Space Useful: The Advantage or convenience of the lot may also dictate its value. Location, convenience and what the true value might be years from now.
New Construction Premiums: Most builders will charge a great deal more for larger lots, but in the long run, the resale market might not want to pay that same premium. Is The Space Useful: The Advantage or convenience of the lot may also dictate its value. Location, convenience and what the true value might be years from now.
Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans.
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