Many factors impact the calculation of a home value. The amount of land that comes with a home and its location are two important issues to consider. The home values of comparable properties also affect the home value calculation. Look here for more information about how to calculate your home value and how to improve its worth. There are websites that can assist you in determining the values of homes in your area and real estate agents can also come up with an estimated value for your home.
Interest Rates Rising: Federal Reserve Ups Fed Funds Rate 0.25%
"Good afternoon. Today, the Federal Open Market Committee decided to raise the target range for the federal funds rate by 1/4 percentage point, bringing it to 3/4 to 1 percent. Our decision to make another gradual reduction in the amount of policy accommodation reflects the economy’s continued progress toward the employment and price stability objectives [...]
Rising Home Prices Might Be Unsustainable In 2017
Home prices are rising fairly dramatically, but those eye-popping increases could be unsustainable in 2017. According to the S&P/Case-Shiller index, home prices rose 5.8 percent annualized gain in December, a pretty dramatic increase, even as mortgage interest rates rose. Housing experts say that as the cost of buying a home accelerates, you shouldn't be seeing [...]
Starting a Home Remodeling Business? Avoid These Pain Points
Q: I’m thinking of starting a home remodeling business with one of my close friends. He knows the most about the home remodeling business because he has done it in the past and was successful with it. The only difference now is he doesn't have the capital and has a low credit score due to [...]
4 Ways You Can Prep Your Home For Winter
A mild fall is one thing, but if you don't prep your home for winter, you could be putting your home value at risk. Prepping your home for winter means more than just digging out the shovels and filling a bucket with salt. A cold winter season can cause damage to your home and property, which translates [...]
4 Ways To Benefit From an Empty Nest
This month, I’m sending my youngest son, Michael, off to college. (For those of you playing along at home, you may remember I have two sons, but my oldest is now a junior in college.) Sam and I are going to have an empty nest. That makes this post very personal. Back to school season is always [...]
Is now the best time to sell your home?
For many people, selling their home is generally part of a long-term plan, but occasionally a new opportunity might arise or you may want to change lifestyles and selling sooner vs. later looks like a good idea. Maybe your home has more space than you need or you’re thinking about changing jobs or you see [...]
Ep. 29: Landscaping and Your Property Appraisal
Are you doing everything you can to minimize the risk of a fire in your home? And just how much can landscaping affect your property appraisal? Get answers to these questions by listening to this week’s episode of the Ilyce Glink Show. You can click the audio link below to listen to the full show, [...]
Ep. 28: Cats and dogs and home values
What’s the outlook on home values from atop Homes.com’s real estate search operation? And which pets leave the biggest paw print on your home: cats or dogs? Get answers to these questions by listening to this week’s episode of the Ilyce Glink Show. You can click the audio link below to listen to the full [...]
5 ways to boost home value without remodeling
Google “ways to boost home value” and you’ll quickly find millions of articles about remodeling projects that should increase your home’s value. But what if you don’t need—or simply don’t want—to do any remodeling, but still want to boost your home’s value? There are plenty of ways to give your home a little extra oomph [...]
5 outdoor improvements that add value to your home
If you haven’t jumped on the outdoor living space bandwagon yet, now is the time. “Next to energy efficiency, perhaps no other market trend is changing the landscape of new-home design than outdoor living,” David Barista, editor-in-chief of Professional Builder, wrote in a recent column on the site. These outdoor improvements maximize living and entertainment [...]