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The Home Depot Foundation — the philanthropic arm of the homeimprovement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes. Smart-hometechnology is becoming an increasingly important component of aging in place.
Real estate technology firm Rechat announced a strategic partnership on Monday with Peerage Realty Partners that aims to expand tech tool and service offerings for Peerage agents and brokers. ” Peerage Realty Partners serves luxury home markets through 206 offices and 6,100 sales representatives across the U.S. and Canada. .”
There are four key barriers to aging in place identified by AARP, including affordability; accessibility; barriers to incorporating more technology into daily life; and a dearth of community resources and readiness to address these challenges. as they seem focused on people with high-cost homes and significant equity.
Sherri Eckles, SVP Renovation & Construction, TPO Go “In addition to her full-time job, Sherri Eckles volunteers with numerous organizations, all focused on affordable housing. I’m committed to continuing my efforts of advancing homeownership and making it more attainable and am truly appreciative of this acknowledgement.”
Home buyers now look for smart features and eco-friendly options meant to reduce their carbon footprint, such as the new Tesla solar roof , smart thermostats, energy smart appliances and tankless hot water heaters. These initial investments in new technology dramatically reduce consumption and increase property value.
Depending on the extent and cost of your homeimprovement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you. Construction Loan.
Smart-hometechnology offers cutting-edge benefits and convenience for every room. Advances have been most pronounced in the kitchen and bathroom , as well as the operation of the home’s temperature and lighting. Now, smart-home features are expanding to include another – arguably most important – area, the bedroom.
There is another enhancement that many sellers may not consider: the addition of smart-hometechnology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Smart tech in the home comes with costs and considerations.
An audit conducted by a reputable firm can take 2-6 hours and cost $100-$600, depending on the size of the home and number of buildings included in the review. Some firms will also conduct an audit on new constructionhomes – even before they are built. The bottom line is that homeowners can save on their energy bottom line.
The decrease in energy usage has mostly come from the improvements made to heating equipment, along with better window design, insulation and construction techniques. These homes include high-efficiency appliances, electric hot water systems and induction cooktops – more of them powered by solar.
Some builders are forgoing the amenity to help reduce overall costs – particularly for the construction of a chimney – but they usually offer to include fireplaces at a premium. Only 16% of buyers surveyed by the National Association of Home Builders said a fireplace was essential.
Many experts in the construction business suggest the Home Energy Rating System index is most relevant to today’s consumers, including home buyers and sellers. HERS has placed index scores on more than 1M homes on total energy efficiency. That’s where wood certification programs come in.
Property lines show you the exact boundaries of your property, which can be useful if you’re planning on doing any type of construction or other homeimprovement-related project. One of the most critical things for new homeowners in particular to understand is where their property begins and ends.
NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting homeimprovements, , unusual homes, mortgage origination and more! The Unique Mountain House in Nevada City, CA listed for $3.3
housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%
A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. based real estate research and publishing firm.
For many industries, AI is already firmly entrenched in the technology toolbox. Layering in additional data points regarding property condition and homeimprovements history also bolsters valuation and pricing while helping to minimize investor risk by ensuring the asset value covers the mortgage balance.
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