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This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. It also uses Revive’s recommendation engine to offer renovation estimates supported by local contractors.
Automated valuation model (AVM): Boosts client consultations by using its proprietary algorithms to accurately estimate homevalues. Features AI-powered lead generation: AI technology identifies homeowners that are most likely to sell. Smart Data: Over 1 billion data points on residential and commercial real estate.
The pre-sale renovation company's latest use of artificial intelligence could reduce subjectivity the next time a real estate agent prices a home or advises a client, Revive executives said Tuesday.
I don’t think retail is great for anybody right now with rates high and homevalues high, but it’s a good time to be investing in retail,” Michael Dubeck, CEO and president of Planet Financial Group , parent of Planet Home Lending, said in an interview. We’re taking a long-run view that it’s going to pay off.
As we head into 2025, several key trends are emerging that will impact homevalue 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 homerenovations.
Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.
Many factors contribute to the process of determining the value of a residential property. For example, a newly renovatedhome that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. .
Home Appraisals and Online HomeValue 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.
Do Wood Floors Increase HomeValue? 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. appeared first on Lamacchia Realty.
Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates. HELOCs also are popular because the interest on the loans is tax deductible if the funds are used for approved homerenovations.
Remember, a tastefully renovated kitchen not only enhances resale value but also makes daily living more enjoyable. Energy-Efficient Windows: A Win-Win Investment In an era of increasing environmental awareness, energy efficiency is a key selling point for homes.
Another Free Webinar – Bradford Technologies is offering a free webinar on October 7th covering “Appraising in a Rapidly Changing Market” Click Here to Register for this Webinar. Infestations That Nibble Away HomeValue. We have a friend that is casting a renovation TV show in the Dallas Area.
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!
In this post, we'll explore key market trends and provide insights into strategies for optimizing homevalues in an ever-changing environment. Understanding Market Dynamics The foundation of maximizing homevalues lies in a deep comprehension of market dynamics.
Websites like Pinterest , Houzz , and DIY Network offer a plethora of inspiration, from budget-friendly renovation ideas to step-by-step tutorials. Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects.
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 homevalue. Here's how to properly budget for renovating a neglected dwelling and transform it into a dream house.
Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value. Upgrades like modern kitchens, updated bathrooms, and smart hometechnology can potentially boost your home’s worth.
Glassdoor ranked the city of Raleigh, NC as the 1 Best City for Jobs in 2015 The Raleigh airport, also known as Raleigh Durham International Airport (RDU) has seen some major renovations in recent years as well as new airlines bringing new flight paths in and out of the Raleigh area.
As sustainability becomes a focal point in home design and renovation, homeowners are increasingly investing in green upgrades. These enhancements not only benefit the environment but also offer financial savings and improve property value. Look for windows with double or triple glazing and Low-E coatings for maximum efficiency.
This practice may shed light on why the correlation between homevalues and neighborhood racial composition strengthened again from 1980-2015, while the connection between homevalues and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened.
In addition to Mosaik and Roomvu, Plunk is also providing actionable market data to DropOffer, Calque and SphereBuilder, according to a company announcement.
With a cool downtown district, newly renovated buildings, museums, and cultural festivals, being this close to Raleigh is what makes Clayton the go-to area. Providing residents with larger homes and private lots, expect to find gorgeous new construction with tons of room. The beautiful weather. The job market is growing.
The technology has been drifting into mortgage lending reliance for more than a decade because it has been marketed as having the ease of “pushing a button.” This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of homevalues.
Replacing your garage door with a new one is a great investment for homeowners as it increases the value of your home more than most other renovations. Beyond just increasing your home's worth, a new garage door improves energy efficiency to reduce utility costs. It also enhances security and curb appeal.
In today’s challenging market, higher interest rates and homevalues have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong.
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