Real Estate Expert Advice
We have the answers when you have specific questions which need to be answered by real estate industry experts. Use the links below to get fast answers you can rely on.
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Increase Your Home’s Value
Understand first of all that there IS a difference between price and value. Price is the amount you are asking for the property. Value is buyer perceived, and this perception of value is influenced by many factors such as location, features, condition, comparison to other purchase option, etc. By attending to details that can have a positive impact on the value, sellers can significantly increase their chance of attracting qualified buyers willing to pay the asking price.
Follow these tips to help maximize your home’s value:
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Buying a Home with Good Resale Value
Location - Local Community, Town or City
Before you can actually pick out a house, you need to choose what cities or communities you would like to live in. Carefully choosing your community is the first step in “location, location, location” and can help maximize your future potential resale value. Avoiding neighborhoods with historically low appreciation is wise. And, within a neighborhood, look for homes with extra amenities such as bordering open space, views, extra large lot, etc. Avoid homes that are over improved as compared to other homes around it. For example, a 3,000 square foot home in a neighborhood of 1,500 square foot homes will not bring the same resale value as a 3,000 square foot home in a neighborhood of 3,000 square foot homes. Full Article »
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