Remove Appraisal Tips Remove Home Improvement Remove Home Value Remove Investing
article thumbnail

Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

Your home may be your favorite place to be, but it’s also an investment. Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. What’s in a Home’s Value?

article thumbnail

15 Reasons Your Home May Not Appraise for the Expected Value: Tips for Homeowners

Birmingham Appraisal

Homeowners might overestimate the value of their DIY efforts, leading to a gap between their expectations and the appraiser’s assessment. One thing to keep in mind is that you may or may not get a 100% return on your DIY investment contrary to what you are told on all of the home improvement shows.

article thumbnail

How to Build Equity in Your Home

Chicagoland Appraisal Blog

Custom features may not always contribute to value, because they may not be widely accepted by your market. The more you stray from the norm the less likely you’ll see a return on your investment. . OlaesSmith Appraisals : A good way to build equity in your home is to see if your house is being used at its highest and best use.