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What Impact Do Renovations Have on Appraisal Value?

Birmingham Appraisal

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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6 Kitchen Renovations Worth the Investment

McKissock

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. Top off your kitchen renovation by installing wood flooring.

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What to Know About Home Renovations in 2023

Lamacchia Realty

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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Outdoor Renovations: Think Outside the Box

PennyMac

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

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How to Price Your Home for the Current Market

Eppraisal

Your biases toward certain home qualities may skew your calculations, so be aware of such tendencies.  Better  Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Your appraiser will research trends, local county records and recently closed comparable homes in your area, known in the industry as "comps." Once your appraiser compiles and analyzes all the information and data, they will present a final report of your home’s value. What Do Home Appraisers Look For?

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Tools To Support Appraisal Adjustments

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M To read more about the 4 ways, plus information on why I take ads, etc.

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