article thumbnail

Historical Properties and Their Unique Appraisal Approaches

Boston Appraisal

This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. These commissions often have databases that include details on property histories, architectural styles, and any local preservation restrictions.

Appraisal 147
article thumbnail

FHA proposes changes to 203(k) program

Housing Wire

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unexpected Maintenance Needed on Old Homes

Eppraisal

If you’ve fulfilled your dream of owning an old house, you know there’s so much joy in its timeless charm, unique architectural details and rich history. However, these architectural gems require consistent maintenance — often much more than newer properties.

article thumbnail

10 ways to use virtual reality technology in your real estate business

Housing Wire

VR market research provides agents with a realistic and interactive platform to test property designs, explore potential renovations and assess the impact of various factors on buyer perception. Furthermore, virtual architectural visualization addresses numerous challenges faced by designers, architects and business owners.

article thumbnail

5 Landscaping Tips To Increase Home Value

D Fritz Appraisals

Let your budget, timeline and imagination guide your backyard renovation. Targeted lighting enhances home security, highlights architectural features and can help showcase landscaping. Plant Trees Strategically To Create A Private Oasis Potential home buyers highly seek trees and privacy.

article thumbnail

Is Buying a Historic Home Right for You?

Zillow

As a result, renovating and altering a historic home - particularly the building’s facade - will require a separate layer of approval and sometimes bureaucracy. If you buy a 100-year-old home, you may not be able to renovate it the way you want, and that is a serious consideration. Many towns throughout the U.S.

article thumbnail

What You Should Know About Building Code Requirements in Florida

Lamacchia Realty

Whether building a new home or renovating it, you must follow building codes. But, as we already mentioned, you need to familiarize yourself with the building code before starting construction or renovations. Other codes related to safety during construction or renovation, are in place mainly to protect neighboring buildings.