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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

Some buyers do not want to deal with the added maintenance and costs involved with owning a pool and may be deterred from submitted an offer on the home. In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Lower homeownership rates mean there will be fewer buyers.

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With low inventory, house hunters are in full safari mode

Housing Wire

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8% through the first quarter of 2024.”

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5 Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

The home’s value can be negatively affected if the pool needs a lot of repairs. Some buyers do not want to deal with the added maintenance and costs involved with owning a pool. It is also a risk many home buyers wouldn’t want to take if they have young children. In-Law Apartments. Fewer buyers equal less demand.

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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? It could increase a home’s value or bring in rent – or be more trouble than it’s worth. NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others.

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How to Boost the Curb Appeal of Your South Florida Home

Lamacchia Realty

Some people want to improve the looks of their homes for themselves, and others for potential buyers. All reasons for boosting the curb appeal of your South Florida home are more than legitimate. But, if you are doing it to attract potential buyers, be sure to boost it where it counts the most. Create a Patio.

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4 Ways to Turn Past Real Estate Clients Into Repeat Business

McKissock

How many of your real estate clients have used you before in a home sale? A survey by the National Association of REALTORS® (NAR) said 91 percent of buyers would likely use the same real estate sales agent again or recommend them to a friend. For example, “Do you have DIY-loving customers who want to build a patio for their new home?