Your home is your castle, but putting it on the market requires a paradigm shift: it is now a commodity to be sold. And, it is going to be in competition with others on the market. You must begin the process of detaching which includes depersonalizing and viewing it as objectively as possible. […]
What is the effect of railroad tracks on home values?
Originally Posted at DW Slater Company Appraisal Blog Are you considering buying a house near railroad tracks? or Are you already living near railroad tracks? How does this affect the value of your home? When appraising real estate, location is always a factor that is considered. If a property is located next […]
5 Top Flooring Options Explained and Compared
Hardwood, laminate, tile, carpet, or luxury vinyl? How does one know which are the best flooring choices? “Start with the end in mind — what is your vision for your home?” suggested Creswell Rozario, owner of The Floor Hut in Plano, Texas. “There are many options available to suit your lifestyle incorporating […]
What Counts as Living Area in an Appraisal?
Originally appeared on DW Slater Company Appraisal Blog Your house has a lower level that is into the hill and is mostly underground. There are two bedrooms and a bathroom which are about 1,200 sq ft of living area. You had your house appraised and you find out that this 1,200 sq ft […]
Does a Swimming Pool Increase the Value of your Home?
Originally posted at Cleveland Appraisal Blog Are you thinking about going Beverly Hills style and installing a cement pond? You’re not alone. Pools are becoming increasingly popular in more recent times. I think that part of the reason is that there are many products out there that make caring for a pool […]
FHA Appraisals and the Three S’s
Originally Posted at The Real Estate Appraisal Group Blog Safety, Security & Soundness For a Federal Housing Administration (FHA) loan to be approved, a home has to meet more qualifications and standards than your average conventional loan. The roof can’t leak, the wires can’t show, the floors can’t creek, the paint can’t […]
