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How Remaining Economic Life Works

Cleveland Appraisal Blog

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. One observation I have made is that different cost data services may vary a little in their analysis of what the total economic life of a home is.

Appraisal 365
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Product Certifications for Sustainable Homes

Will Springer Realtor

Developed by the Environmental Protection Agency (EPA), Energy Star is the most widely recognized rating and informs people about the energy use of their favorite appliances and devices. This certification considers air quality, noise pollution, energy savings, materials and other factors in developing a universally recognized rating system.

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Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology. Builders are also increasingly incorporating smart features into new construction projects. Smart tech in the home comes with costs and considerations.

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Washington ADU Laws Aim to Open New Doors to Housing

Will Springer Realtor

The combination of extremely high home prices and regulatory reform have turned this corner of the country into an ADU laboratory of sorts, with plenty of “formulas” being developed today to “grow” more desperately needed homes. Others have quoted the typical price to add an ADU at about $250 a sq.

Law 66
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The Switch to Everything Electric in Your Home

Will Springer Realtor

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.

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LEED Certification: What Is It And Is It Worth The Effort?

Quicken Loans

Using detailed rating and points systems, LEED certification gauges sustainable building design for new construction, commercial interiors, existing buildings, single-family homes and more. By 1998, this group developed a points scale recognized by the U.S. Green Building Council (USGBC) for energy efficient homes.

Design 57
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Will Springer Realtor - Untitled Article

Will Springer Realtor

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.