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Do Wood Floors Increase Home Value?

Lamacchia Realty

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Investing in hardwood represents a commitment to long-term appeal.

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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. Anderson as his family’s vacation home.

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Does the Home You Want To Buy Qualify for a USDA Loan? Here’s How To Tell

Realtor

What type of home qualifies for a USDA loan? While there is a lot of flexibility in the type of home that may be accepted for a USDA home loan—including condos , townhouses , and new construction —not all homes will qualify. Operable heating and cooling: The home must have working heating and cooling systems.

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5 Tips for Appraising Green Homes

McKissock

Here are five tips for appraising green homes that you can use as guidance. Consider each home on a case-by-case basis. You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Dig deep for comparables.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. However, it was deemed as too challenging technologically so it languished.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared. What is a Home Appraisal? A home appraisal determines the fair market value of a home.

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Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

Keep in mind, though, that you can still potentially increase your home's equity even if you don't fully recoup the cost of certain improvements. Equity is the difference between your home's current market value and the amount you owe on your mortgage. Things don’t always go according to plan. Not doing your research.