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	<title>home values Archives - 616Homes.com</title>
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<site xmlns="com-wordpress:feed-additions:1">121259007</site>                    <item>
                <title>Think Like an Investor, Even If This Is Your Forever Home</title>
                <link>https://616homes.com/blog/think-like-an-investor-even-if-this-is-your-forever-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/think-like-an-investor-even-if-this-is-your-forever-home/</guid>
                <description>
                    <![CDATA[A lot of buyers say the same thing when they find the house they want. “This is our forever home.”...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What Would You Do If You Had to Move in 90 Days?</title>
                <link>https://616homes.com/blog/what-would-you-do-if-you-had-to-move-in-90-days/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-would-you-do-if-you-had-to-move-in-90-days/</guid>
                <description>
                    <![CDATA[Family explores new house and gets ready to move carrying packages. Preschooler boy and junior schoolboy enjoy moving into new...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Why Some Homes Sell in Days and Others Sit for Months</title>
                <link>https://616homes.com/blog/why-some-homes-sell-in-days-and-others-sit-for-months/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-some-homes-sell-in-days-and-others-sit-for-months/</guid>
                <description>
                    <![CDATA[This is one of the biggest questions sellers ask. Why did that house down the street sell right away while...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Buying a Home Starts Before House Hunting</title>
                <link>https://616homes.com/blog/buying-a-home-starts-before-house-hunting/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/buying-a-home-starts-before-house-hunting/</guid>
                <description>
                    <![CDATA[Home For Sale Real Estate Sign in Front of New House. This is where a lot of buyers get themselves...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                <title>Why Waiting for the Market to Settle Usually Costs More</title>
                <link>https://616homes.com/blog/why-waiting-for-the-market-to-settle-usually-costs-more/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-waiting-for-the-market-to-settle-usually-costs-more/</guid>
                <description>
                    <![CDATA[Happy family on the floor with cardboard boxes moving in their new home &#8211; isolated It sounds like a smart...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Presentation Beats Renovation: Why Clean, Staged, and Well-Positioned Homes Win</title>
                <link>https://616homes.com/blog/presentation-beats-renovation-why-clean-staged-and-well-positioned-homes-win/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/presentation-beats-renovation-why-clean-staged-and-well-positioned-homes-win/</guid>
                <description>
                    <![CDATA[Detroit, Michigan -USA- November 10, 2022: new home has been staged and is ready for sale Many homeowners preparing to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The New Commute in Real Estate: How Remote Work Changed What “Location” Means</title>
                <link>https://616homes.com/blog/the-new-commute-in-real-estate-how-remote-work-changed-what-location-means/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-new-commute-in-real-estate-how-remote-work-changed-what-location-means/</guid>
                <description>
                    <![CDATA[For decades, one phrase defined real estate decisions. Location, location, location. Traditionally that meant one thing. How close a home...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Navigate a Changing Real Estate Market: The Market Isn’t Good or Bad — It’s Different</title>
                <link>https://616homes.com/blog/navigate-a-changing-real-estate-market-the-market-isnt-good-or-bad-its-different/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/navigate-a-changing-real-estate-market-the-market-isnt-good-or-bad-its-different/</guid>
                <description>
                    <![CDATA[Every year someone asks the same question. “Is this a good market or a bad market?” The truth is, the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Right Order to Make Home Decisions</title>
                <link>https://616homes.com/blog/the-right-order-to-make-home-decisions/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-right-order-to-make-home-decisions/</guid>
                <description>
                    <![CDATA[Homeownership comes with choices. Renovate the kitchen. Turn the property into a rental. Refinance the mortgage. Sell and move on....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The 8 Seconds You’ll Love a Home</title>
                <link>https://616homes.com/blog/the-8-seconds-youll-love-a-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-8-seconds-youll-love-a-home/</guid>
                <description>
                    <![CDATA[Find the home you love in 8 seconds you know When buyers walk into a property for the first time,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Prepare Emotionally to Sell Your Home</title>
                <link>https://616homes.com/blog/how-to-prepare-emotionally-to-sell-your-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-prepare-emotionally-to-sell-your-home/</guid>
                <description>
                    <![CDATA[Most people focus on pricing, repairs, and timing when they decide to sell. But one of the most overlooked parts...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How Life Stages and Real Estate Decisions Matter More Than the Economy</title>
                <link>https://616homes.com/blog/how-life-stages-and-real-estate-decisions-matter-more-than-the-economy/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-life-stages-and-real-estate-decisions-matter-more-than-the-economy/</guid>
                <description>
                    <![CDATA[Happy multi-generation family portrait in the countryside When people talk about buying or selling a home, they often focus on...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Renovate or Leave It Alone? How to Decide What Actually Pays Off</title>
                <link>https://616homes.com/blog/renovate-or-leave-it-alone-how-to-decide-what-actually-pays-off/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/renovate-or-leave-it-alone-how-to-decide-what-actually-pays-off/</guid>
                <description>
                    <![CDATA[If you are preparing to sell, one of the first questions you will face is simple but expensive: renovate or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Buyer-broker agreements: what buyers need to know now before touring</title>
                <link>https://616homes.com/blog/buyer-broker-agreements-what-buyers-need-to-know-now-before-touring/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/buyer-broker-agreements-what-buyers-need-to-know-now-before-touring/</guid>
                <description>
                    <![CDATA[If you are planning to buy a home, you may notice something different the first time you ask an agent...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Negotiation power is back for buyers: how to ask for credits, repairs, rate buydowns, and timelines without killing the deal</title>
                <link>https://616homes.com/blog/negotiation-power-is-back-for-buyers-how-to-ask-for-credits-repairs-rate-buydowns-and-timelines-without-killing-the-deal/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/negotiation-power-is-back-for-buyers-how-to-ask-for-credits-repairs-rate-buydowns-and-timelines-without-killing-the-deal/</guid>
                <description>
                    <![CDATA[For the past few years, many buyers felt like they had one job: compete. Offers were rushed, contingencies were trimmed,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Hidden Costs of Waiting to Buy (That No One Talks About)</title>
                <link>https://616homes.com/blog/the-hidden-costs-of-waiting-to-buy-that-no-one-talks-about/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-hidden-costs-of-waiting-to-buy-that-no-one-talks-about/</guid>
                <description>
                    <![CDATA[Sad man sitting on sofa home, holding tablet PC, making facepalm gesture. Frustration and disappointment on face palpable, as if...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Make Smart Home Decisions. Before you renovate, rent, refinance or sell. Read this!</title>
                <link>https://616homes.com/blog/make-smart-home-decisions-before-you-renovate-rent-refinance-or-sell-read-this/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/make-smart-home-decisions-before-you-renovate-rent-refinance-or-sell-read-this/</guid>
                <description>
                    <![CDATA[Owning a home comes with choices. Renovate. Rent it out. Refinance. Sell and move on. Each option sounds reasonable on...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>2026 Housing Market Trends for Buyers and Sellers: What You Need to Know</title>
                <link>https://616homes.com/blog/2026-housing-market-trends-for-buyers-and-sellers-what-you-need-to-know/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/2026-housing-market-trends-for-buyers-and-sellers-what-you-need-to-know/</guid>
                <description>
                    <![CDATA[As we settle into 2026, the housing market continues to evolve in ways that directly impact home buyers and sellers....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Homesteading Homes: The Next Big Trend for Home Buyers and Sellers</title>
                <link>https://616homes.com/blog/homesteading-homes-the-next-big-trend-for-home-buyers-and-sellers/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/homesteading-homes-the-next-big-trend-for-home-buyers-and-sellers/</guid>
                <description>
                    <![CDATA[In today’s shifting real estate market, many home buyers and sellers are asking: Are homesteading homes the next big trend?...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Why Real Estate Timing Matters More Than Waiting for Things to Settle</title>
                <link>https://616homes.com/blog/why-real-estate-timing-matters-more-than-waiting-for-things-to-settle/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-real-estate-timing-matters-more-than-waiting-for-things-to-settle/</guid>
                <description>
                    <![CDATA[&nbsp; Every year there is a reason people hesitate to buy or sell a home. Interest rates feel uncertain. Inventory...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Selling a Home in 2026: Why Presentation and Positioning Matter More Than Ever</title>
                <link>https://616homes.com/blog/selling-a-home-in-2026-why-presentation-and-positioning-matter-more-than-ever/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/selling-a-home-in-2026-why-presentation-and-positioning-matter-more-than-ever/</guid>
                <description>
                    <![CDATA[&nbsp; The process of selling a home in 2026 looks very different than it did even a few years ago....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>High Interest Rate Home Buying: How Buyers and Sellers Can Win in Today’s Market</title>
                <link>https://616homes.com/blog/high-interest-rate-home-buying-how-buyers-and-sellers-can-win-in-todays-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/high-interest-rate-home-buying-how-buyers-and-sellers-can-win-in-todays-market/</guid>
                <description>
                    <![CDATA[The rules of buying and selling homes have changed. Interest rates remain elevated, mortgage costs are rising, and deals that...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Real Estate Revitalization Opportunities: How Abandoned Cities Are Becoming Prime Markets for Home Buyers, Sellers, and Investors</title>
                <link>https://616homes.com/blog/real-estate-revitalization-opportunities-how-abandoned-cities-are-becoming-prime-markets-for-home-buyers-sellers-and-investors/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/real-estate-revitalization-opportunities-how-abandoned-cities-are-becoming-prime-markets-for-home-buyers-sellers-and-investors/</guid>
                <description>
                    <![CDATA[Entire towns across the United States and Europe once sat empty. Factories closed, industries relocated, and populations steadily declined. For...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Niche Real Estate Opportunities for Buyers and Sellers: How Life Transitions Are Shaping the Market</title>
                <link>https://616homes.com/blog/niche-real-estate-opportunities-for-buyers-and-sellers-how-life-transitions-are-shaping-the-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/niche-real-estate-opportunities-for-buyers-and-sellers-how-life-transitions-are-shaping-the-market/</guid>
                <description>
                    <![CDATA[The housing market is evolving, and opportunities now exist beyond the typical listings. While traditional properties dominate online searches, niche...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Downsizing Homes for Buyers and Sellers: Smart Tips for a Smooth Transition</title>
                <link>https://616homes.com/blog/downsizing-homes-for-buyers-and-sellers-smart-tips-for-a-smooth-transition/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/downsizing-homes-for-buyers-and-sellers-smart-tips-for-a-smooth-transition/</guid>
                <description>
                    <![CDATA[Downsizing has become one of the most significant trends in today’s housing market. Whether you’re a homeowner looking to simplify,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Why Every Buyer and Seller Needs a Home Walkthrough Checklist in Today’s Market</title>
                <link>https://616homes.com/blog/why-every-buyer-and-seller-needs-a-home-walkthrough-checklist-in-todays-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-every-buyer-and-seller-needs-a-home-walkthrough-checklist-in-todays-market/</guid>
                <description>
                    <![CDATA[Buying or selling a home today means being more cautious and informed than ever. Repair costs are rising, labor is...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Big Brokerage Shuffle: How Brokerage Consolidation Impacts Agents and Clients</title>
                <link>https://616homes.com/blog/the-big-brokerage-shuffle-how-brokerage-consolidation-impacts-agents-and-clients/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-big-brokerage-shuffle-how-brokerage-consolidation-impacts-agents-and-clients/</guid>
                <description>
                    <![CDATA[The real estate industry is in the middle of a major reshuffle, and it is not happening quietly. Brokerage consolidation...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Lifetime Client Strategy for Real Estate Agents: Staying Top-of-Mind After the Sale</title>
                <link>https://616homes.com/blog/the-lifetime-client-strategy-for-real-estate-agents-staying-top-of-mind-after-the-sale/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-lifetime-client-strategy-for-real-estate-agents-staying-top-of-mind-after-the-sale/</guid>
                <description>
                    <![CDATA[In real estate, closing a transaction isn’t the end of the relationship; it’s the beginning of a long-term opportunity. That’s...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Real Marketing Problem: Siloed Thinking in Real Estate Agents</title>
                <link>https://616homes.com/blog/the-real-marketing-problem-siloed-thinking-in-real-estate-agents/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-real-marketing-problem-siloed-thinking-in-real-estate-agents/</guid>
                <description>
                    <![CDATA[In today’s fast-moving real estate market, one of the biggest obstacles to effective marketing is Siloed Thinking. Many agencies treat...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Why Digital Marketing for Real Estate Agents Is Here to Stay and Why 3D Thinking Matters</title>
                <link>https://616homes.com/blog/why-digital-marketing-for-real-estate-agents-is-here-to-stay-and-why-3d-thinking-matters/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-digital-marketing-for-real-estate-agents-is-here-to-stay-and-why-3d-thinking-matters/</guid>
                <description>
                    <![CDATA[In today’s real estate market, understanding digital marketing for real estate agents is no longer optional; it’s essential for staying...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Buying a New Build? New Construction Home Trends Shaping Today’s Market</title>
                <link>https://616homes.com/blog/buying-a-new-build-new-construction-home-trends-shaping-todays-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/buying-a-new-build-new-construction-home-trends-shaping-todays-market/</guid>
                <description>
                    <![CDATA[Buying a newly built home looks very different than it did just a few years ago. Shifts in interest rates,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Strategies for Real Estate Investing in a High Rate, High Insurance Market</title>
                <link>https://616homes.com/blog/strategies-for-real-estate-investing-in-a-high-rate-high-insurance-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/strategies-for-real-estate-investing-in-a-high-rate-high-insurance-market/</guid>
                <description>
                    <![CDATA[Focus on Properties with Strong Cash Flow Potential In a high cost environment, cash flow becomes more important than ever....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Holiday Curb Appeal Tips to Wow Buyers This Winter</title>
                <link>https://616homes.com/blog/holiday-curb-appeal-tips-to-wow-buyers-this-winter/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/holiday-curb-appeal-tips-to-wow-buyers-this-winter/</guid>
                <description>
                    <![CDATA[Winter may be a slower season for listings, but it can be a powerful opportunity for real estate agents who...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
                                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Cash Is King: Navigating a Housing Market Dominated by Cash Buyers</title>
                <link>https://616homes.com/blog/cash-is-king-navigating-a-housing-market-dominated-by-cash-buyers/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/cash-is-king-navigating-a-housing-market-dominated-by-cash-buyers/</guid>
                <description>
                    <![CDATA[When cash buyers are a major force in housing markets, sellers and agents feel it, and so should anyone tracking...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
                                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Why High Mortgage Rates Aren’t Keeping Buyers Away (Yet)</title>
                <link>https://616homes.com/blog/why-high-mortgage-rates-arent-keeping-buyers-away-yet/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/why-high-mortgage-rates-arent-keeping-buyers-away-yet/</guid>
                <description>
                    <![CDATA[Whether you are a real estate agent, investor, or prospective homebuyer, you have probably noticed what feels like a standstill...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
                                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Holiday Home Staging: What to Add and What to Avoid</title>
                <link>https://616homes.com/blog/holiday-home-staging-what-to-add-and-what-to-avoid/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/holiday-home-staging-what-to-add-and-what-to-avoid/</guid>
                <description>
                    <![CDATA[If you are listing your home this season, well-thought-out holiday home staging can make all the difference. Using holiday home...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
                                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Selling Your Home: How Higher Capital Gains Can Save You Thousands</title>
                <link>https://616homes.com/blog/selling-your-home-how-higher-capital-gains-can-save-you-thousands/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/selling-your-home-how-higher-capital-gains-can-save-you-thousands/</guid>
                <description>
                    <![CDATA[If you&#8217;re thinking about selling your home, understanding how higher capital gains work could actually save you thousands, not just...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
                                                    <media:content medium="image" url="https://images.easyagentpro.com/images-by-id?id=3e60965aad54e947fcf1e185cf5f8c586b861c22f314472f26e2e815781cf2293419f2c6.jpg&#038;w=800"></media:content>
                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Make a Small Space Feel Bigger During the Holidays</title>
                <link>https://616homes.com/blog/how-to-make-a-small-space-feel-bigger-during-the-holidays/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-make-a-small-space-feel-bigger-during-the-holidays/</guid>
                <description>
                    <![CDATA[Getting cozy for the holidays can feel like a challenge when you’re working with limited square footage. But with smart...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The True Cost of Buying a Home: What Buyers Forget to Budget For</title>
                <link>https://616homes.com/blog/the-true-cost-of-buying-a-home-what-buyers-forget-to-budget-for/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-true-cost-of-buying-a-home-what-buyers-forget-to-budget-for/</guid>
                <description>
                    <![CDATA[Introduction When you&#8217;re focused on saving up for a down payment, the true cost of buying a home can feel...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Get Your Offer Accepted in a Competitive Market</title>
                <link>https://616homes.com/blog/how-to-get-your-offer-accepted-in-a-competitive-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-get-your-offer-accepted-in-a-competitive-market/</guid>
                <description>
                    <![CDATA[In today’s fast-moving real estate environment, knowing how to get your offer accepted in a competitive market is more important...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Real Estate Tax Tips for Sellers and Investors</title>
                <link>https://616homes.com/blog/real-estate-tax-tips-for-sellers-and-investors/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/real-estate-tax-tips-for-sellers-and-investors/</guid>
                <description>
                    <![CDATA[Introduction If you are preparing to sell property or grow your portfolio in 2026, mastering the most effective real estate...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What to Expect During the Home Appraisal Process</title>
                <link>https://616homes.com/blog/what-to-expect-during-the-home-appraisal-process/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-to-expect-during-the-home-appraisal-process/</guid>
                <description>
                    <![CDATA[When you’re preparing to buy or sell a home, understanding the home appraisal process becomes essential. Whether you’re a first-time...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Home Buying Mistakes to Avoid in Today’s Market</title>
                <link>https://616homes.com/blog/home-buying-mistakes-to-avoid-in-todays-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/home-buying-mistakes-to-avoid-in-todays-market/</guid>
                <description>
                    <![CDATA[Introduction In a real estate climate where conditions are shifting rapidly, understanding how to navigate the home-buying process is more...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Getting Your Home Ready for Winter: What Every Homeowner Should Do</title>
                <link>https://616homes.com/blog/getting-your-home-ready-for-winter-what-every-homeowner-should-do/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/getting-your-home-ready-for-winter-what-every-homeowner-should-do/</guid>
                <description>
                    <![CDATA[Winter is just around the corner, and preparing your house can make a big difference in comfort, safety, and costs....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>Home Inspection Tips Every Buyer and Seller Should Know</title>
                <link>https://616homes.com/blog/home-inspection-tips-every-buyer-and-seller-should-know/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/home-inspection-tips-every-buyer-and-seller-should-know/</guid>
                <description>
                    <![CDATA[When you’re navigating today’s real estate market, a thorough home inspection is more important than ever. Whether you’re buying or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Using Home Equity to Move Up: Smart Strategies for Sellers</title>
                <link>https://616homes.com/blog/using-home-equity-to-move-up-smart-strategies-for-sellers/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/using-home-equity-to-move-up-smart-strategies-for-sellers/</guid>
                <description>
                    <![CDATA[Looking to leverage your equity and step into a new home? The strategy of using home equity to move up...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Want to Start Investing in Real Estate? Here’s the Smartest Way to Begin</title>
                <link>https://616homes.com/blog/want-to-start-investing-in-real-estate-heres-the-smartest-way-to-begin/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/want-to-start-investing-in-real-estate-heres-the-smartest-way-to-begin/</guid>
                <description>
                    <![CDATA[Thinking about building long-term wealth? You’re not alone. More Americans are turning to investing in real estate as a strategic...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How Rising Interest Rates Affect Your Monthly Payment and What Buyers Can Still Do to Lower It</title>
                <link>https://616homes.com/blog/how-rising-interest-rates-affect-your-monthly-payment-and-what-buyers-can-still-do-to-lower-it/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-rising-interest-rates-affect-your-monthly-payment-and-what-buyers-can-still-do-to-lower-it/</guid>
                <description>
                    <![CDATA[If you’ve been keeping an eye on current housing trends, you’ve likely noticed one major theme dominating headlines: rising interest...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Best Time to Sell a House: Should You List Before the Holidays or Wait for Spring?</title>
                <link>https://616homes.com/blog/best-time-to-sell-a-house-should-you-list-before-the-holidays-or-wait-for-spring/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/best-time-to-sell-a-house-should-you-list-before-the-holidays-or-wait-for-spring/</guid>
                <description>
                    <![CDATA[If you’re trying to decide when is the best time to sell a house, you’re not alone. Timing matters, and...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What Is a Mortgage Rate Buydown And Can It Actually Save You Money?</title>
                <link>https://616homes.com/blog/what-is-a-mortgage-rate-buydown-and-can-it-actually-save-you-money/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-is-a-mortgage-rate-buydown-and-can-it-actually-save-you-money/</guid>
                <description>
                    <![CDATA[In today’s housing market, where mortgage rates fluctuate more than ever, many homebuyers are searching for creative ways to make...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Smart Homes &amp;amp; Tech: What Buyers Are Looking For</title>
                <link>https://616homes.com/blog/smart-homes-tech-what-buyers-are-looking-for/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/smart-homes-tech-what-buyers-are-looking-for/</guid>
                <description>
                    <![CDATA[Introduction In today’s competitive real estate market, smart homes &amp; tech are no longer optional &#8211; they’re expected. As homebuyers...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Haunted or Historic? How to Market Homes with a Spooky Past</title>
                <link>https://616homes.com/blog/haunted-or-historic-how-to-market-homes-with-a-spooky-past/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/haunted-or-historic-how-to-market-homes-with-a-spooky-past/</guid>
                <description>
                    <![CDATA[Introduction Every property has a story, but what happens when that story is a little unsettling? From rumored hauntings to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>First-Time Homebuyer Guide: What Costs Most People Overlook</title>
                <link>https://616homes.com/blog/first-time-homebuyer-guide-what-costs-most-people-overlook/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/first-time-homebuyer-guide-what-costs-most-people-overlook/</guid>
                <description>
                    <![CDATA[Introduction Navigating the housing market as a newbie can feel like walking through a minefield. That’s why this first-time homebuyer...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Win a Bidding War Without Overpaying</title>
                <link>https://616homes.com/blog/how-to-win-a-bidding-war-without-overpaying/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-win-a-bidding-war-without-overpaying/</guid>
                <description>
                    <![CDATA[Introduction In today’s fast-changing world of real estate, knowing how to win a bidding war without overpaying can make all...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Is It a Buyer’s Market or a Seller’s Market? 2025 Real Estate Trends</title>
                <link>https://616homes.com/blog/is-it-a-buyers-market-or-a-sellers-market-2025-real-estate-trends/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/is-it-a-buyers-market-or-a-sellers-market-2025-real-estate-trends/</guid>
                <description>
                    <![CDATA[Introduction The real estate question on many people’s minds as we are about to wrap up 2025 and head into...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Buy with Less Than 20% Down in Today’s Market</title>
                <link>https://616homes.com/blog/how-to-buy-with-less-than-20-down-in-todays-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-buy-with-less-than-20-down-in-todays-market/</guid>
                <description>
                    <![CDATA[Introduction Buying a home is one of the biggest financial steps most people will ever take, and many buyers assume...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What Lower Mortgage Rates Mean for Homebuyers Right Now</title>
                <link>https://616homes.com/blog/what-lower-mortgage-rates-mean-for-homebuyers-right-now/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-lower-mortgage-rates-mean-for-homebuyers-right-now/</guid>
                <description>
                    <![CDATA[After months of fluctuating interest rates and financial uncertainty, there&#8217;s a glimmer of relief for buyers: lower mortgage rates are...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Price Drops, Bidding Wars, and Mortgage Rate Madness: What’s Really Happening This Fall?</title>
                <link>https://616homes.com/blog/price-drops-bidding-wars-and-mortgage-rate-madness-whats-really-happening-this-fall/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/price-drops-bidding-wars-and-mortgage-rate-madness-whats-really-happening-this-fall/</guid>
                <description>
                    <![CDATA[Introduction The real estate market has always had its ups and downs, but this season feels particularly unpredictable. From surprising...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Autumn Aesthetic: Why Fall Colors Help Sell Homes Faster</title>
                <link>https://616homes.com/blog/the-autumn-aesthetic-why-fall-colors-help-sell-homes-faster/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-autumn-aesthetic-why-fall-colors-help-sell-homes-faster/</guid>
                <description>
                    <![CDATA[Introduction Crisp air, golden leaves, and cozy curb appeal, autumn is one of the most underrated yet powerful seasons for...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Airbnb vs. Long-Term Rental Debate: What Makes Sense This Fall?</title>
                <link>https://616homes.com/blog/the-airbnb-vs-long-term-rental-debate-what-makes-sense-this-fall/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-airbnb-vs-long-term-rental-debate-what-makes-sense-this-fall/</guid>
                <description>
                    <![CDATA[Introduction As the seasons change, many real estate investors are asking the same question: which strategy is smarter right now,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How Gen Z Is Redefining Homeownership This Fall</title>
                <link>https://616homes.com/blog/how-gen-z-is-redefining-homeownership-this-fall/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-gen-z-is-redefining-homeownership-this-fall/</guid>
                <description>
                    <![CDATA[Introduction The landscape of real estate is shifting, and a new generation is leading the way. How Gen Z is...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Is Fall the Best Time to Buy a Home? Here’s Why You Shouldn’t Wait for Spring</title>
                <link>https://616homes.com/blog/is-fall-the-best-time-to-buy-a-home-heres-why-you-shouldnt-wait-for-spring/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/is-fall-the-best-time-to-buy-a-home-heres-why-you-shouldnt-wait-for-spring/</guid>
                <description>
                    <![CDATA[Introduction When it comes to real estate, timing can make a big difference. Many buyers assume that spring is the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Football, Fire Pits &amp;amp; Front Porches: Fall Features Buyers Crave</title>
                <link>https://616homes.com/blog/football-fire-pits-front-porches-fall-features-buyers-crave/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/football-fire-pits-front-porches-fall-features-buyers-crave/</guid>
                <description>
                    <![CDATA[Introduction Fall brings cooler evenings, changing leaves, and a shift in what homebuyers want most. From cozy fire pits to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                <title>Your Fall Maintenance Checklist: Protect Your Investment Before Winter</title>
                <link>https://616homes.com/blog/your-fall-maintenance-checklist-protect-your-investment-before-winter/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/your-fall-maintenance-checklist-protect-your-investment-before-winter/</guid>
                <description>
                    <![CDATA[As cooler temperatures settle in, homeowners know that preparation is key to safeguarding their property. A fall maintenance checklist ensures...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>What Zillow Can’t Tell You This Fall (But a Local Agent Can)</title>
                <link>https://616homes.com/blog/what-zillow-cant-tell-you-this-fall-but-a-local-agent-can/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-zillow-cant-tell-you-this-fall-but-a-local-agent-can/</guid>
                <description>
                    <![CDATA[As the fall real estate season unfolds, many homebuyers and sellers turn to online platforms like Zillow to gauge the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                <title>Smart Home, Smart Investment: Which Tech Increases Resale Value?</title>
                <link>https://616homes.com/blog/smart-home-smart-investment-which-tech-increases-resale-value/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/smart-home-smart-investment-which-tech-increases-resale-value/</guid>
                <description>
                    <![CDATA[In today’s fast-paced real estate market, savvy buyers and sellers alike are looking for features that make a home more...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                <title>Wellness Real Estate: The Rise of Health-Conscious Home Design</title>
                <link>https://616homes.com/blog/wellness-real-estate-the-rise-of-health-conscious-home-design/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/wellness-real-estate-the-rise-of-health-conscious-home-design/</guid>
                <description>
                    <![CDATA[Introduction The way we think about our homes is evolving. More than just a place to live, our homes are...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                    <item>
                <title>How to Make a Small Home Feel Bigger (and Why Buyers Love It)</title>
                <link>https://616homes.com/blog/how-to-make-a-small-home-feel-bigger-and-why-buyers-love-it/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-make-a-small-home-feel-bigger-and-why-buyers-love-it/</guid>
                <description>
                    <![CDATA[Introduction In today’s real estate market, one thing is clear: size isn’t everything. With rising interest in compact living, learning...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Renovations That Actually Add Value to Your Home</title>
                <link>https://616homes.com/blog/renovations-that-actually-add-value-to-your-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/renovations-that-actually-add-value-to-your-home/</guid>
                <description>
                    <![CDATA[Introduction In today’s competitive real estate market, homeowners are increasingly searching for renovations that actually add value to their homes....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What’s Really Driving Today’s Real Estate Prices?</title>
                <link>https://616homes.com/blog/whats-really-driving-todays-real-estate-prices/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/whats-really-driving-todays-real-estate-prices/</guid>
                <description>
                    <![CDATA[In today’s ever-evolving housing market, one question continues to pop up for buyers, sellers, and industry pros alike: What’s really...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How Long Does It Really Take to Buy or Sell a House?</title>
                <link>https://616homes.com/blog/how-long-does-it-really-take-to-buy-or-sell-a-house/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-long-does-it-really-take-to-buy-or-sell-a-house/</guid>
                <description>
                    <![CDATA[Introduction Whether you&#8217;re a first-time buyer, a seasoned investor, or planning to list your property, you&#8217;ve likely wondered: How long...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What’s the Difference Between a Buyer’s and Seller’s Market?</title>
                <link>https://616homes.com/blog/whats-the-difference-between-a-buyers-and-sellers-market/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/whats-the-difference-between-a-buyers-and-sellers-market/</guid>
                <description>
                    <![CDATA[Understanding the dynamics of the real estate market is essential whether you’re buying, selling, or just keeping tabs on current...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Do You Really Need 20% Down to Buy a Home?</title>
                <link>https://616homes.com/blog/do-you-really-need-20-down-to-buy-a-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/do-you-really-need-20-down-to-buy-a-home/</guid>
                <description>
                    <![CDATA[For many first-time homebuyers, the idea of saving up 20% down to buy a home can feel like climbing a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Minimalist Design in Real Estate: Does Less Sell for More?</title>
                <link>https://616homes.com/blog/minimalist-design-in-real-estate-does-less-sell-for-more/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/minimalist-design-in-real-estate-does-less-sell-for-more/</guid>
                <description>
                    <![CDATA[In today&#8217;s visually saturated world, clean lines, neutral tones, and uncluttered spaces are more than just design preferences—they’re powerful selling...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Using Light and Space to Your Advantage in Summer Listings</title>
                <link>https://616homes.com/blog/using-light-and-space-to-your-advantage-in-summer-listings/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/using-light-and-space-to-your-advantage-in-summer-listings/</guid>
                <description>
                    <![CDATA[In the fast-paced world of real estate, first impressions are everything, especially during the summer season. Buyers are more active,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Low-Maintenance Landscaping Ideas That Look Great All Season</title>
                <link>https://616homes.com/blog/low-maintenance-landscaping-ideas-that-look-great-all-season/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/low-maintenance-landscaping-ideas-that-look-great-all-season/</guid>
                <description>
                    <![CDATA[When it comes to curb appeal, few things make a more immediate impression than a well-maintained yard. But not everyone...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Sustainable Home Features That Add Real Value</title>
                <link>https://616homes.com/blog/sustainable-home-features-that-add-real-value/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/sustainable-home-features-that-add-real-value/</guid>
                <description>
                    <![CDATA[In today’s real estate market, sustainable home features that add real value are more than just trendy upgrades—they’re smart investments....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Should I Buy or Sell This Summer? Questions to Help You Decide</title>
                <link>https://616homes.com/blog/should-i-buy-or-sell-this-summer-questions-to-help-you-decide/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/should-i-buy-or-sell-this-summer-questions-to-help-you-decide/</guid>
                <description>
                    <![CDATA[Introduction As summer heats up, so does the real estate market and if you’ve been wondering, “Should I buy or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Summer Staging Secrets to Make Buyers Fall in Love</title>
                <link>https://616homes.com/blog/summer-staging-secrets-to-make-buyers-fall-in-love/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/summer-staging-secrets-to-make-buyers-fall-in-love/</guid>
                <description>
                    <![CDATA[When it comes to selling your home during the sunny months, setting the right seasonal tone is essential. That’s where...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The Backyard is the New Living Room: Outdoor Trends for 2025</title>
                <link>https://616homes.com/blog/the-backyard-is-the-new-living-room-outdoor-trends-for-2025/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-backyard-is-the-new-living-room-outdoor-trends-for-2025/</guid>
                <description>
                    <![CDATA[As more homeowners continue to prioritize comfort, connection, and creativity at home, the line between indoor and outdoor living keeps...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Make the Most of Your Outdoor Space This Summer</title>
                <link>https://616homes.com/blog/how-to-make-the-most-of-your-outdoor-space-this-summer/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-make-the-most-of-your-outdoor-space-this-summer/</guid>
                <description>
                    <![CDATA[As summer rolls in with longer days and warmer nights, there&#8217;s no better time to transform your backyard, patio, or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Eco-Friendly Yard Ideas for a Greener Summer</title>
                <link>https://616homes.com/blog/eco-friendly-yard-ideas-for-a-greener-summer/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/eco-friendly-yard-ideas-for-a-greener-summer/</guid>
                <description>
                    <![CDATA[Introduction Summer is the perfect time to enjoy the outdoors, but what if your yard could look great and help...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>What to Know About the Housing Market This Summer</title>
                <link>https://616homes.com/blog/what-to-know-about-the-housing-market-this-summer/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-to-know-about-the-housing-market-this-summer/</guid>
                <description>
                    <![CDATA[Introduction The housing market this summer is already shaping up to be one of the most talked-about topics in real...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How Interest Rates Impact Your Buying Power in 2025</title>
                <link>https://616homes.com/blog/how-interest-rates-impact-your-buying-power-in-2025/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-interest-rates-impact-your-buying-power-in-2025/</guid>
                <description>
                    <![CDATA[Introduction If you’ve been keeping an eye on the housing market, you’ve probably noticed that mortgage rates have been making...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>Easy Summer Updates to Refresh Your Space Without Renovating</title>
                <link>https://616homes.com/blog/easy-summer-updates-to-refresh-your-space-without-renovating/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/easy-summer-updates-to-refresh-your-space-without-renovating/</guid>
                <description>
                    <![CDATA[When the warm weather rolls in, it’s natural to crave change, including your living space. If your home is feeling...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>Summer 2025 Interior Design Trends That Make Your Home Feel Fresh</title>
                <link>https://616homes.com/blog/summer-2025-interior-design-trends-that-make-your-home-feel-fresh/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/summer-2025-interior-design-trends-that-make-your-home-feel-fresh/</guid>
                <description>
                    <![CDATA[As the weather warms up, it’s not just our wardrobes that get a seasonal refresh; our homes deserve one too....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>Real Estate Terms Explained: What You Need to Know Before You Dive In</title>
                <link>https://616homes.com/blog/real-estate-terms-explained-what-you-need-to-know-before-you-dive-in/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/real-estate-terms-explained-what-you-need-to-know-before-you-dive-in/</guid>
                <description>
                    <![CDATA[Introduction Starting your real estate journey can feel like learning a new language. With all the industry jargon, escrow, contingency,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                    <item>
                <title>Smart Home Essentials for Modern Living: Top Tech Upgrades for Today’s Homebuyers</title>
                <link>https://616homes.com/blog/smart-home-essentials-for-modern-living-top-tech-upgrades-for-todays-homebuyers/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/smart-home-essentials-for-modern-living-top-tech-upgrades-for-todays-homebuyers/</guid>
                <description>
                    <![CDATA[Introduction: Why Smart Homes Are Leading the Way As technology becomes more integrated into our daily lives, it’s no surprise...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                    <item>
                <title>What to Declutter Before You List Your Home</title>
                <link>https://616homes.com/blog/what-to-declutter-before-you-list-your-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/what-to-declutter-before-you-list-your-home/</guid>
                <description>
                    <![CDATA[Getting ready to sell your home? One of the most important steps in the pre-listing process is tackling clutter. Whether...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
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                <title>Open Floor Plans or Cozy Corners? What Buyers Are Looking for in 2025</title>
                <link>https://616homes.com/blog/open-floor-plans-or-cozy-corners-what-buyers-are-looking-for-in-2025/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/open-floor-plans-or-cozy-corners-what-buyers-are-looking-for-in-2025/</guid>
                <description>
                    <![CDATA[The real estate world is always evolving, and as we move through 2025, design preferences are shifting in exciting new...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Spring Home Maintenance Checklist Every Homeowner Should Follow</title>
                <link>https://616homes.com/blog/spring-home-maintenance-checklist-every-homeowner-should-follow/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/spring-home-maintenance-checklist-every-homeowner-should-follow/</guid>
                <description>
                    <![CDATA[As the days get longer and flowers start to bloom, spring is the ideal time to give your home a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Turn a Fixer-Upper into a Goldmine: Spring Tips for First-Time Investors</title>
                <link>https://616homes.com/blog/turn-a-fixer-upper-into-a-goldmine-spring-tips-for-first-time-investors/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/turn-a-fixer-upper-into-a-goldmine-spring-tips-for-first-time-investors/</guid>
                <description>
                    <![CDATA[Thinking about diving into real estate for the first time? Spring is the perfect season to explore the world of...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Maximize Your Airbnb or Short-Term Rental for Today’s Real Estate Trends</title>
                <link>https://616homes.com/blog/how-to-maximize-your-airbnb-or-short-term-rental-for-todays-real-estate-trends/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-maximize-your-airbnb-or-short-term-rental-for-todays-real-estate-trends/</guid>
                <description>
                    <![CDATA[If you’ve been keeping an eye on current real estate trends, you already know that short-term rentals like Airbnb have...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Spring Cleaning Goes Green: Non-Toxic Products &amp;amp; DIY Hacks for a Healthier Home</title>
                <link>https://616homes.com/blog/spring-cleaning-goes-green-non-toxic-products-diy-hacks-for-a-healthier-home/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/spring-cleaning-goes-green-non-toxic-products-diy-hacks-for-a-healthier-home/</guid>
                <description>
                    <![CDATA[As the flowers bloom and the days get longer, spring offers the perfect excuse to refresh and reset your space....]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Eco-Friendly Spring Upgrades: Solar, Smart Tech, and Energy Efficiency</title>
                <link>https://616homes.com/blog/eco-friendly-spring-upgrades-solar-smart-tech-and-energy-efficiency/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/eco-friendly-spring-upgrades-solar-smart-tech-and-energy-efficiency/</guid>
                <description>
                    <![CDATA[As warmer weather approaches, homeowners and buyers alike are turning their attention to eco-conscious living, and spring is the perfect...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Interior Refresh: 2025 Paint Color Trends for a Spring Home Makeover</title>
                <link>https://616homes.com/blog/interior-refresh-2025-paint-color-trends-for-a-spring-home-makeover/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/interior-refresh-2025-paint-color-trends-for-a-spring-home-makeover/</guid>
                <description>
                    <![CDATA[Introduction Spring is the perfect time for a home refresh, and nothing revitalizes a space quite like a new coat...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>The ROI of Outdoor Living: Patio, Pergola, and Landscaping Trends for 2025</title>
                <link>https://616homes.com/blog/the-roi-of-outdoor-living-patio-pergola-and-landscaping-trends-for-2025/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/the-roi-of-outdoor-living-patio-pergola-and-landscaping-trends-for-2025/</guid>
                <description>
                    <![CDATA[Introduction Outdoor living spaces are more than just a luxury—they’re a smart investment. As homeowners seek ways to enhance property...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>How to Stage Your Home to Sell This Spring in Grand Rapids</title>
                <link>https://616homes.com/blog/how-to-stage-your-home-to-sell-this-spring-checklist-inside/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/how-to-stage-your-home-to-sell-this-spring-checklist-inside/</guid>
                <description>
                    <![CDATA[Thinking about selling your home in Grand Rapids this spring? You’re not alone—and that means standing out is key. With...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                    <item>
                <title>Top 5 Home Features Buyers Want in Spring 2025</title>
                <link>https://616homes.com/blog/top-5-home-features-buyers-want-in-spring-2025/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/top-5-home-features-buyers-want-in-spring-2025/</guid>
                <description>
                    <![CDATA[Introduction As the housing market heats up for the new season, it’s clear that buyer preferences are shifting. Knowing the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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                                <post-id xmlns="com-wordpress:feed-additions:1">1875</post-id>            </item>
                    <item>
                <title>Is Spring the Best Time to Sell Your Home? Here’s Why Experts Say Yes</title>
                <link>https://616homes.com/blog/is-spring-the-best-time-to-sell-your-home-heres-why-experts-say-yes/</link>
                <pubDate>Thu, 01 Jun 2017 03:01:17 +0000</pubDate>
                <dc:creator>Jamie Krier</dc:creator>
                <guid isPermaLink="false">https://616homes.com/blog/is-spring-the-best-time-to-sell-your-home-heres-why-experts-say-yes/</guid>
                <description>
                    <![CDATA[For years, spring has been known as the unofficial “home selling season,” and according to real estate experts and current...]]>
                </description>
                <content:encoded>
                    <![CDATA[<a href="http://www.easyagentblogs.com/wp-content/uploads/2017/05/bigstock-Doubts-And-Question-Marks-With-166062770.jpg"></a>

Of the many questions we field from homeowners thinking of selling their homes, the most frequent starts with “What’s it worth?” Of course they’re referring to their home’s value, but even after that is determined, the “What’s it worth” questions continue. Following are three of the most common questions about items that may, or may not, add to a home’s value
<h3><strong>What’s a view worth?</strong></h3>
We typically get this question from a homeowner who just found out that his home with a gorgeous view is worth less than he thought. If two homes are identical and only one of them has a view, it’s a safe bet that the one with the view will be worth more.

How much more? It depends on who you ask. Some real estate professionals claim there is no value in a view, yet others claim that the view may increase the home’s value by up to 15 percent over similar homes that lack one.

Texas Christian University’s Mauricio Rodriguez, PhD and C.F. Sirmans of Florida State University studied the topic and found that, at least for the housing market they examined, “a good view adds about 8% to the value of a single-family house.” (Rodriques/Sirmans: <a href="http://sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf" target="_blank" rel="noopener noreferrer">Quantifying the Value of a View in Single-Family Housing Markets</a>)

Since the final determination of a home’s market value is decided by the appraiser, we went on a hunt for an appraiser’s opinion. Michael Fox, a New York State Certified Residential Appraiser with <a href="https://mfappraisal.wordpress.com/2013/01/30/how-much-is-a-golf-course-view-worth/" target="_blank" rel="noopener noreferrer">MF Appraisals</a>&nbsp; in Westchester, conducted his own, informal study of the value of a golf course view.

He analyzed 4 years’ worth of sales in a townhome development and found that the golf course view was worth from nearly 6 percent to 6.85 percent, depending on the year the home sold. “Throughout the marketing of the project, regardless of changing market conditions, buyers paid more for units with a view of the golf course.”

Whether the view is of the city skyline, water, open space or a golf course, it is worth something. What’s lacking is a consensus on precisely how much it’s worth.
<h3><strong>Will a pool add value to my home?</strong></h3>
Oh, this one is popular. Thankfully, it’s easier to answer than questions about the worth of a view.

The National Association of Realtors’ National Center for Real Estate Research claims that “. . .an in-ground swimming pool adds about eight percent to value” and that “an above ground pool adds no value.”

The National Association of Homebuilders, however, finds that, of homebuyers who expressed a desire for a pool, most said they would be ok with a community pool.

Again, real estate value comes down to location. The value of a pool depends a great deal on where the home is located. Buyers in warm regions tend to put more value on them than those in our country’s cooler areas. So, yes, a pool adds value to a Phoenix or Las Vegas home but may not add a penny to a similar home in Minneapolis or Omaha.

In fact, the National Association of Realtors study we mentioned earlier finds that Southwest homeowners with a pool can realize an 11 percent bump in value (unlike the eight percent for homeowners elsewhere).

For any pool to be considered valuable it needs to be in good condition, otherwise, it may actually drag down the home’s value.
<h3><strong>Which renovations will boost my home’s value the most?</strong></h3>
Keep in mind that any renovations you make to the home will only pay you back, on average, “64.3 cents on the dollar in resale value,” according to Remodeling Magazine’s 2017 <a href="http://www.remodeling.hw.net/cost-vs-value/2017/key-trends-in-the-2017-cost-vs-value-report">Cost vs. Value Report</a>.

That said, the projects from which you’ll get the most bang for your buck, according to the report, include:
<ul>
	<li>Replacing attic insulation – A contractor air-seals the attic floor to stop air leakage and then adds fiberglass insulation to a thickness equal to R-30 insulation. This project pays for itself, according to the magazine’s report – returning 107.7 percent of the cost when the home sells.</li>
	<li>Front door replacement – Ditch the old door and replace it with a steel one. It will cost you about $1,400 (national average) and you’ll recoup 90.7 percent upon the sale of the home.</li>
	<li>Minor kitchen remodel – This project involves replacing the cabinet and drawer fronts and adding new hardware; replacing the appliances with energy-efficient models; installing new laminate countertops; installing a new sink and faucet; repainting trim, adding wall covering and replacing the flooring. Total cost: $20,830 and the homeowner will recoup 80.2 percent of that after the sale.</li>
</ul>
Since kitchens are so important to buyers, we dug deeper into this facet of home renovations. <a href="http://www.consumerreports.org/home-improvement/8-ways-to-boost-your-home-value/" target="_blank" rel="noopener noreferrer">Consumer Reports</a> finds that millennial homebuyers overwhelmingly want a “modern/updated kitchen” The group goes on to suggest that for a mere $5,000 you can add new appliances, countertops and flooring and splash some fresh paint on the walls and realize a 3 to 7 percent bump in home value.

Anything you do to the home that helps save on energy bills will be popular with buyers. This includes replacing old windows with high-efficiency versions, replacing utility-hogging appliances and the aforementioned beef-up of the home’s insulation. The Consumer Reports study claims that replacing old windows with “Energy Star certified windows can lower your home’s energy bills by 7 to 15 percent.”

Now THAT is a hot selling point!
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank">WPeMatico</a></small></p>]]>
                </content:encoded>
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