Owning a home can be one of the greatest assets you can give to yourself. Not only is it a place to relax with privacy, but it’s also the ability to enjoy the comfort of living life in your place, with the possibility of growing old and sharing it with loved ones. It’s also a
5 Property Upgrades to Target the Eco-Conscious Buyer Market
October 26, 2020 by
The housing market is becoming greener than ever. Amidst a robust market performance, driven by historically low interest rates, buyers are increasingly setting sustainability standards for their new homes. Statistics show that Millennials are now the biggest buyer group on the market. Especially for this generation, the immediacy of the climate crisis is a personal
How to Increase the Value of Your Home for Under $10,000
November 11, 2019 by
As a homeowner, you want to find ways to increase the value of your property. Granted upgrading your swimming pool, building a new kitchen, or adding a third floor to your house can do this. But what if you want to get some bang for your buck? Specifically, what can you do under $10,000 to
Innovative Ways to Improve Your Property Value
October 30, 2019 by
If you are preparing or considering selling your home at some point, it’s important to think about how to increase your home’s property value. These days, buyers are attracted to a plethora of varying aspects in a home that draw their attention and make them want to buy. You can start with the outside of
Will Adding a Pool Increase Your Home’s Property Value?
September 14, 2019 by
When we decide to invest in home renovations, our main goal may be to make a property more functional our family or more in-keeping with our personal preferences. But it’s also important to consider whether these changes will actually add tangible value to the home itself. For example, a recent Zillow analysis revealed that homes
A Current Home Appraisal May Surprise You
December 27, 2016 by
In the vocabulary of real estate, there are three terms that indicate a home’s valuation: the Appraised Value, the Assessed Value, and the Market Value. Rarely are these three values the same. So it’s easy to confuse them when considering selling a home, obtaining a mortgage, or contemplating ongoing costs of ownership (such as taxes
Redfin launches new Redfin Estimate tool to gauge property values
December 4, 2015 by
Real estate brokerage Redfin has just announced a new online tool called the “Redfin Estimate” that lets homeowners and buyers quickly get a rough idea of any property’s value.
Residential Rental Valuations – The Right Approach
April 25, 2014 by
Valuing residential rental properties can be tricky. Market value is not the same as investment value. When it comes to valuing residential rentals, you’re much better off taking the approach that commercial real estate investors use than the approach used by homeowners. Commercial investors base property values on the amount of annual income the property
Is A “Death Spiral” Inevitable For Housing?
March 7, 2012 by
One of the most respected housing market analysts around, Laurie Goodman of Amherst Securities Group LP, recently testified before congress that if housing prices fall another 10%, the housing market would likely see a “death spiral” of falling property values and resulting defaults, as more and more home owners watch their property value drop well below what they owe on their mortgage.
What Is a Real Estate Assessment?
January 6, 2012 by
It is important to know that just like a formal appraisal; a real estate assessment is just someone’s opinion and it should be treated as such. As a home owner you will have to make a conscious effort to not take the assessment too personal, and don’t allow it to hurt your feelings. The intention of the real estate assessment is just to give you an informal benchmark of the approximate value of your home based on other homes in the area.
