Appraisal Today
MAY 17, 2024
By Tom Horn Excerpts: As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house”.
Appraisal Today
OCTOBER 20, 2023
NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36
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The Robert Weiler Company
NOVEMBER 9, 2021
While gift cards tend to carry a reputation for being “quick” gifts, to a real estate investor, they are a home run. If your colleague, family member, or friend is purchasing and flipping a property, they’re probably dropping more money on home improvements than most people spend on Black Friday. Personalized Pen from Cross.
Will Springer Realtor
AUGUST 30, 2022
A common rule of thumb is to budget at least 1% of the home’s value each year for general maintenance and at least double that for older homes. About three out of four owners make at least one home improvement before selling – a wise decision. The median price of a King County home is $810,000, as of Aug.
Will Springer Realtor
MAY 9, 2023
annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.
Will Springer Realtor
APRIL 11, 2022
. >> Researchers at Harvard forecast a 14% year-on-year increase by the end of 2022 in owner-occupied home improvement spending. Seattle-Tacoma-Bellevue was in the middle of the national pack with a forecast increase of 13% YoY in home improvement spending. In a study of 48 metro markets, Tucson, Ariz.,
Will Springer Realtor
JULY 9, 2021
A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. This has caused an average of -3% ROI for all home improvement projects. Here are the top ROI projects for a typical home in the U.S.
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