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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.

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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

I hope you find her article to be helpful! For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. ’ The Pros of an As-Is Home Sale.

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Appraisal Trends: Mastering Property Conditions and Location on the Appraisal Review

Genworth MI Blog

This should include photos of any recent updates/renovations that were used as adjustments and applied to the sales where the sales comparison approach is presented as support for the opinion of value. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.

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How to Negotiate Repairs After a Home Inspection

Zillow

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes. Here are three buyer tips for negotiating repairs after a home inspection.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Sellers want to capitalize on how much they can sell their homes for. This article is not intended to poke fun at people that suffer from different illnesses. What if the neighbor’s home in poor condition, was purchased and then renovated? They take a lot of work after the inspection is completed. Probably not.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” Was the seller highly motivated? ” CE course: Residential Property Measurement and ANSI Z765 How renovations and upgrades affect value “Adjustments before and after remodeling.”

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Pros and Cons to Selling a House As Is

PennyMac

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.