A land survey includes the layout of a single property, including precise measurements and to-scale drawings of boundary lines, land improvements, and sometimes other features, like topography and drainage information. A plat map includes the layouts and boundary lines of several adjacent plots and basic structure measurements. Surveys are normally more valuable for homeowners and buyers, and plat maps are for governmental use.
A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.
Yes, a new roof will add value to your home, often providing a return on investment (ROI) of between 60% and 70%. Not only will a new roof boost curb appeal, but savvy homebuyers will also know that a new roof means they won’t have to worry about roof leaks and related damage for years after closing. They’ll also know that they’ll save money by potentially having decades before they need to worry about paying for repairs or replacement.
Yes, high ceilings can increase your home value when it’s time to sell. There are other factors that are more impactful, like your home’s location and condition, but homes with high ceilings have a greater perceived value than ones with average ceiling heights. Buyers like the extra space and modern vibe that vaulted ceilings offer.
The main purpose of a home inspection is to assess the overall condition of a home. It looks at major systems, like electrical and plumbing, and considers the long-term safety of the home. In contrast, a home appraisal sets out to estimate a home’s fair market value, often for lending purposes. At about $350, a home appraisal costs about the same as an average home inspection.
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