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What renovations will add value to my home?

Housing Wire

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags. NMLS #412915.

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

Housing Wire

The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. When making pre-listing repairs or renovations, different projects can result in vastly different returns.

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Is Home Renovation Necessary Before Listing In Hot Markets?

McKissock

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home. Consider Your Market.

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Appraisal Modernization.

Appraisal 281
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NAN’s Steve Sussman on the company’s growth strategy

Housing Wire

SW: We hear a lot these days about appraisal modernization. What does appraisal modernization mean to you? But I think that it’s going to help solve a lot of problems both now and in future as we move toward more modern valuation methods. I don’t know that we’ve stumbled upon any magic bullet just yet.

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Home Improvements to Include on Your Real Estate Listing

Eppraisal

 These improvements cater to modern preferences but also show the property is well-maintained, boosting buyer confidence and potentially leading to a faster and more successful sale. Investing in kitchen renovations, such as updating countertops, cabinets and appliances, modernizes the space and adds substantial value to the property.

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How to Maintain the Character of an Old Home

Eppraisal

That said, most old homes are rough around the edges and require renovation to be fully functional. Don’t Touch What’s Unique Before starting renovations, decide what nonnegotiable parts of the old home you want to maintain the most. It’s also present in the overall ambiance of the space.