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What renovations will add value to my home?

Housing Wire

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags. NMLS #412915.

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Manufactured homes are appreciating faster than site-built homes

Housing Wire

The study — which refers to such homes as “mobile homes,” a term the manufactured housing industry sees as imprecise at best and erroneous at worst — also found that prices for these homes accelerated at a faster pace than traditional single-family homes. increased by 58.34% between 2018 and 2023.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Who knows, this might help someone kick start styling their own home, which could result in them reaching out to you because you share a love for mid-century modern or boho minimalist style. Sharing tips could also secure referrals for businesses you partner with, who could in turn be more motivated to refer you to their client base.

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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

By increasing the percentage of renters in the black community, the institutional investors are creating a modern-day sharecropping colony,” Bogany added. “It Among the positives highlighted by Progress Residential: Renovating 100% of homes at the time of acquisition or vacancy, with some $21 billion invested in U.S.

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How to Set a Home Renovation Budget

Zillow

The easy part is knowing your goal for home remodeling - whether you’re trying to keep up with your growing family, add office space, modernize dated features or generally increase your home’s value. Something else to keep in mind: Contrary to popular belief, kitchen renovations offer among the lowest return on investment.

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To Desktop or Not to Desktop, That is The Question

DW Slater Company

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Renovation and Remodeling Appraisal Considerations When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.