Measuring the Value of a View

August 1, 2014

in Home Appraisal, Tips When Selling a Home | Tagged , , ,

Suppose you own a castle on the flats and your brother owns one high atop a hill that features amazing, unobstructed views. Aside from location, the two castles are identical. Which one has the higher resale value? If you guessed that it’s the hilltop castle, you are correct. When valuing two similar pieces of property, [...]

How Homes are Valued

November 22, 2013

in Home Appraisal | Tagged , ,

Homes are valued a lot like everything else: They are worth what people will pay for them. The Maybach Exelero, the most expensive car in the world, sells for $8 million because that’s what people will pay for it. By the same token, you can ask for $8 million for your Hyundai, Ford or Chrysler, [...]

Swimming Pools: Do They Add Value or Turn Buyers Off?

November 30, 2012

in Home Improvement | Tagged , , , , , , , ,

Sparkling blue water, especially when it’s lit up at night – what’s not to love about a swimming pool in your backyard? If you have one, you may feel blessed. If you don’t, and are considering adding one, hang on a minute. Who Wants a Pool? According to Better Homes and Gardens Real Estate, middle-aged [...]

Home Buying Tips: Negotiating House Price

July 4, 2011

in Negotiating House Prices | Tagged , , , , , , , , ,

Nervous about negotiating the best house price in this crazy economy? We don’t blame you. When it comes to buying a home, negotiation can mean the difference between a few thousand dollars and tens of thousands of dollars. Negotiating a home selling contract in this current real estate market is also financially tricky. This is [...]