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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.

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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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Renovations That Increase Home Value in BC: Our Top 8 Picks

D Fritz Appraisals

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. As Vancouver Island’s home evaluation expert, D.

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Revive’s AI-upgrade improves post-remodel valuations

Inman

Revive Vision AI analyzes property photos to assess a property’s current value and renovation potential, utilizing Revive’s renovation recommendation engine to provide estimates backed by local contractors that maximize listing values.

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What AVMs can and can’t do in the appraisal process

Housing Wire

Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. Here are six misconceptions surrounding what AVMs currently do for appraisal valuation: 1. AVMs do not account for upgrades or renovations. ” Amazing, right? What about AVMs?

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PunchList USA names chief product and data officer 

Housing Wire

He also held the role of senior vice president and director of valuation at New City Corporation. His past roles include chief product and operations officer at Collateral Analytics , a firm he founded in 2009 and was later acquired by Black Knight in 2020.

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Biden tax credit to rehab homes is finally unveiled

Housing Wire

How hybrid title and valuations help increase lending efficiency. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The renovations would be on a budget, however. Streamline by combining services.