Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Home renovations that reconfigure the layout of a house, add more rooms or living areas, or upgrade the kitchen or bathrooms are usually the most expensive.

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Cleveland Appraisal Blog

DECEMBER 24, 2022

What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Familiarizing yourself with these renovations will give you a great start in mapping out your home improvement strategy.

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Housing Wire

JULY 1, 2021

That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor. If you’re looking to increase the value of your home or prepare it for resale, certain renovations may take its appeal to the next level.

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Cleveland Appraisal Blog

APRIL 29, 2021

Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. Some of these upgrades and additions require a significant investment, but others do not require spending a fortune, but they still yield a high return on investment.

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Will Springer Realtor

APRIL 2, 2024

“Well-designed energy-efficient homes save money and are proven to appreciate in value beyond market norms,” says Jason Boyer, an architect who recently developed a smart-home community in Phoenix called Karma. The home improvement site Angi asked homeowners about their major investment plans for the next five years.

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Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. through the first quarter of 2024.”

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Listing Spark

APRIL 17, 2024

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. of US home sales in 2017, that number grew to 8.4%

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D Fritz Appraisals

AUGUST 19, 2020

Home buyers now look for smart features and eco-friendly options meant to reduce their carbon footprint, such as the new Tesla solar roof , smart thermostats, energy smart appliances and tankless hot water heaters. These initial investments in new technology dramatically reduce consumption and increase property value.

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Lamacchia Realty

JULY 29, 2022

If you’re not sure where to start, here’s the list of our top 10 ideas for summer improvement projects you can try on your Florida home. Improvement projects for your Florida home to tackle this summer. Home renovation projects don’t need to be expensive or time-consuming in order to be helpful.

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Berkshire Hathaway

DECEMBER 26, 2021

DIY Home Improvements – while they may save you money, if not done professionally, it will be obvious to a prospective buyer, which might cost you in property value more than you invested in improvements. Consider investing in temporary wallpaper instead and removing it before selling if you have your heart set on it.

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D Fritz Appraisals

OCTOBER 11, 2022

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

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Raleigh Realty

AUGUST 1, 2022

But even in today’s seller’s market, staging a home can help you get the top dollar for your property in a fraction of the time. Staging is all about showcasing all the best features of your home with updated, neutral décor and colors (think Chip and Joanna Gaines). Wondering if staging your home is worth the investment?

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Lamacchia Realty

AUGUST 9, 2023

You can DIY closet organization with products from home improvement stores, but you can also hire experts to do it for you. Home Storage Hack #5: Lacking in Storage Space? Many homes are designed without a basement and homeowners have the unique task of making sure there is a place for everything.

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Housing Wire

JUNE 22, 2023

The Loan Store’s HELOC product is a standalone, fixed-rate line of credit that allows borrowers to tap into the equity of their homes, with credit lines ranging from $25,000 to $400,000. These funds can be utilized to consolidate debts or finance home improvement projects. The Loan Store, Inc.

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PennyMac

JULY 21, 2021

Anton agrees that making outdoor space convenient to use can add significant value to your home. When considering renovating your outdoor living spaces, the smart investment today would be a modest investment into an outdoor kitchen, seating area, and/or a water feature. First, invest in trees: The U.S. Mitchell J.

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Raleigh Realty

APRIL 19, 2022

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Consider the following eco-friendly home improvements if you’re looking to maximize the value of your current, or future, property.

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Raleigh Realty

JANUARY 16, 2022

Investing in furniture that is able to withstand the elements is an investment, but it will be one that you will be able to enjoy for a long period of time. There are many ways in which you can design your grilling area, but ensuring that you have enough space to prep and cook your food is key.

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Chicagoland Appraisal Blog

JANUARY 21, 2020

The more you stray from the norm the less likely you’ll see a return on your investment. . OlaesSmith Appraisals : A good way to build equity in your home is to see if your house is being used at its highest and best use. Custom features may not always contribute to value, because they may not be widely accepted by your market.

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Quicken Loans

JANUARY 11, 2022

VA loans are federally sponsored home mortgage loans that are backed by the Department of Veterans Affairs and designed to help provide affordable mortgages and housing for veterans, active duty service members, and qualifying spouses. Let’s take a closer look! VA Loan Meaning.

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Appraisal Partners Blog

FEBRUARY 4, 2020

The more you stray from the norm the less likely you’ll see a return on your investment. OlaesSmith Appraisals: A good way to build equity in your home is to see if your house is being used at its highest and best use. So if you see your neighbor trying to sell their home, help them out. Not all markets are the same.

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Zillow

MARCH 13, 2018

Something else to keep in mind: Contrary to popular belief, kitchen renovations offer among the lowest return on investment. Every dollar you spend on a kitchen remodel increases the value of your home by approximately 50 cents. The highest return on investment? A mid-range bathroom remodel.

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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. Average cost: $32.50/month

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Eppraisal

APRIL 26, 2024

The Benefits of Keeping an Old Home’s Character The housing crisis will likely affect you whether you’re looking for a home as somewhere to settle down or an investment asset. million homes in America are between 91 and 100 years old. Preserve them throughout the home improvement process.

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Empire Appraisal Group

DECEMBER 28, 2022

As with any home improvement project, there’s no guarantee you’ll get your money back from an ADU when you’re ready to sell the home, Bishop says. And if that’s the case, a properly permitted and thoughtfully designed ADU could be worth the investment. “If ADUs have a lot in common with swimming pools, he adds.

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Valuation Nation

NOVEMBER 1, 2022

housing market and mortgage rates , you may have seen home prices in your area sliding downward like a slow-motion roller coaster. Even if you’ve just watched the ride from the ground, you may be questioning your home’s current value — or how to prioritize home improvements with its future value in mind.

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Assurance Financial

MARCH 18, 2021

If you have equity in your home, you may be able to leverage it through a refinance. Your home is likely your largest asset and most long-term investment, and refinancing your mortgage may allow you to get the most out of your investment. Make a Capital Home Improvement. Building an addition or new bedroom.

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Quicken Loans

JULY 5, 2021

The Leadership in Energy and Environmental Design (LEED) certification is a globally used process that evaluates a building project’s sustainability efforts. Innovation in design (6 points). How Do You Get Your Home LEED Certified? Let’s break down what a LEED certification is and how you can get one. What Is LEED?

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PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? Here’s how to know if the property you’re considering is a great investment, or just a great way to empty your wallet. Factor 1: Is a Fixer-Upper the Right Choice for You?

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Assurance Financial

AUGUST 9, 2021

If you prefer rural living over city life, a program from the United States Department of Agriculture (USDA) can help you buy a home. Every year, the USDA uses its Rural Development program to invest about $20 billion in helping families across the United States buy and improve their homes. Direct Loans.

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Housing Wire

NOVEMBER 9, 2023

House of Representatives are introducing a new bill to the legislature today designed to both “preserve” and “revitalize” manufactured home communities across the United States. Democratic lawmakers in the U.S. Senate and U.S. Spearheaded by U.S. Senators Catherine Cortez Masto (D-Nev.), Jeanne Shaheen (D-N.H.) Suzanne Bonamici (D-Ore.)

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AmeriMac

MARCH 29, 2024

One of the most common types of reverse mortgages is the Home Equity Conversion Mortgage (HECM), which is insured by the Federal Housing Administration (FHA). HECMs are government-backed loans designed to help seniors access the equity in their homes. Enhancing curb appeal through landscaping can also add value.

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Assurance Financial

MARCH 1, 2021

Make home improvements: If you want to invest in a new roof or an addition, refinancing can free up cash that you can use for renovations. Enjoy extra cash in your pocket: Whether you want to save, spend or invest, refinancing can help put extra cash in your pocket. Are you planning to start a family? Downloadable Guides.

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Clear Capital

DECEMBER 14, 2021

And so because the appreciation is going up so rapidly on a daily basis, people are probably checking into this now and like, how much is my home worth? How much is my home worth? Home improvements? And so you could see how people, you know, could be planning out: “Well, what am I going to do with that next year?

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Will Springer Realtor

MARCH 14, 2022

The home remodeling industry is a $368B business, according to Harvard researchers , and is expected to reach $432B by the end of this year. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic.

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Will Springer Realtor

JULY 9, 2021

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. THE ROI OF HOME RENOVATION. We got that!

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