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Questions People Often Ask About Residential Appraisals

In summary, these are just some basic questions and answers about real estate appraisals. The field of real estate appraisal is extensive, therefore specific details may vary depending on the jurisdiction and the nature of the property being appraised. If you need more information, especially if you have questions outside of those answered above, please […]

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Does Updating Your Home Add Dollar-For-Dollar Value When You Sell?

Updates to a home generally do not add dollar-for-dollar value when selling. The relationship between the cost of updates and the added market value is not typically a one-to-one ratio. While certain updates can increase a property’s appeal and potentially raise its market value, the actual impact varies based on several factors: While updates can

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Should you get an appraisal done BEFORE listing your home for sale?

A pre-listing appraisal refers to the process of obtaining a professional property appraisal before listing it for sale in the real estate market. This appraisal is typically conducted by a licensed appraiser who evaluates the property’s value based on various factors such as its condition, location, comparable sales in the area, and current market trends.

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