article thumbnail

Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Being able to provide data-driven home improvement recommendations can help agents build credibility with potential clients, sell homes faster and for more money, and ultimately win more listings. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

article thumbnail

Home Improvement Loan Applications in 2021: A State- and County-Level Analysis

Eyes on Housing

According to National Income and Product Accounts (NIPA), expenditures for residential home improvements soared 13% to $328 billion in 2021, from $289 billion in 2020. The residential remodeling market has grown rapidly in the past few years, mainly fueled by changes in housing and lifestyle decisions during the pandemic period.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How much value do home improvements add to an appraisal?

Boston Appraisal

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

article thumbnail

More New Homes Improve Expectations of Housing Availability

Eyes on Housing

Increased levels of new home construction and sales are leading some buyers to expect the home search to get easier in the months ahead.

article thumbnail

44 New Home Improvement and Renovation Statistics for 2022

Raleigh Realty

That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. We’re covering home improvement, renovation, and remodeling topics so you’ve got all the information you need for your next project. billion in the United States by the end of 2022.

article thumbnail

Home Improvements: What counts towards the appraisal?

Padove Appraisal Service

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. The post Home Improvements: What counts towards the appraisal? it all counts!

article thumbnail

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

PennyMac

A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity. Take a look at these popular home improvement projects and their ROI values. Will You Stay — A Forever Home or Prepping for a Sale?