When you hire an appraiser, you are hiring someone to provide their opinion. Granted this is an unbiased and professional opinion based on analyzing data and forming that opinion, but it is an opinion, nonetheless. To find a good home appraiser you should consider their experience, credentials, references, speed and cost, complaints […]
How to Build Equity in Your Home
Originally Posted on Redfin by Lexi Klinkenberg Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are […]
Does a Messy House Affect an Appraisal ?
Appraisers often get asked by homeowners, “Does a messy house affect an appraisal?” Of much more concern to an appraiser then a messy home would be any physical, functional or external obsolescence. A messy home should not affect value. Appraiser’s focus on the quality of construction, functionality, condition, amenities, external factors and more. […]
Remodeling and Expanding Your Home
You love your location, but you are growing to dislike your home. It is simply too small, awkward and out of date, so you consider moving. Remodel Your House After looking at what is available, and the hassle of picking up to ready your house for sale, let alone finding a suitable […]
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 […]
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 […]