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.
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. These outdoor improvements maximize living and entertaining space at a reasonable cost. 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,” [...]
Here's a question every homeowner should ask: "What are the best ways to build home equity?" Americans continue to see real estate, and building home equity, as the best long-term investment, but not everyone understands the best ways to build home equity. Annual Gallup polls show that real estate, or building home equity, continues to beat out [...]
Do you know what a seller disclosure is? Home buyers should go over the required seller disclosures before making an offer. As a buyer, you’ve got find out everything you can about the condition of a home before you even make an offer. Seller disclosure requires a home seller to tell you about any defects [...]
The real estate boom and bust dropped home values severely. Taking a loss on a condo might be your only option other than to wait. Q: Back in 2005, I purchased a condo with cash for my disabled son to live in. I used an inheritance to buy the condominium, which was located near my [...]
Today Ilyce Glink talks about home improvement projects that add value to your home and pay for themselves. If you’re going to spend your hard-earned cash fixing up your home, you’ll want to get the biggest bang for your buck. But do you know which home improvement project has the biggest payoff? Remodeling Magazine routinely [...]
Gifting a house to a relative will affect your income tax and real estate property tax. Know the consequences of gifting vs. inheriting. Q: I thought you might have said on your radio show that you didn't advise giving a home away. My uncle is thinking of giving me an old house, but I didn't [...]
Would giving a basement 9-foot walls instead of 8-foot walls add to the value of a home? There is no standard for the walls in basements, and could be a very local issue. A real estate agent would know what basement improvements could add to the value of a home.