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Avatar for Keller Williams International Realty- Teri Barton
Keller Williams International Realty- Teri Barton
5.0(
4
)
Appraisal - Real Estate

Serving Temecula, CA and surrounding areas

In business since 2003

"Teri's professional and friendly manner always made her a pleasure to deal with. Her responsiveness was close to amazing at times. Facing a purchase deadline we decided on the spur of the moment that it would be a good  idea to consult with a contractor about some changes we were considering. Teri immediately made a phone call and an excellent contractor was at the door within the hour to answer our questions.  We were very happy that we chose Teri to help us purchase our property and we recommend her without hesitation to any other prospective buyers or sellers."
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Real Estate Agents questions, answered by experts

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

An attic ladder could increase your home’s value. This is especially true if there was no access before and you plan to turn your attic into a valuable bonus space, like a bedroom, home office, or a beautifully organized and updated storage space. Potential buyers would likely see easy attic access as an attractive selling point.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

No, home improvement loan rates typically do not drop during certain times of the year. Interest rates go up and down based on economic conditions rather than on the time of the year. Some banks may offer slight rate discounts around the same holidays every year, but this is a marketing decision rather than a decision based on the time of the year. If you want to use a home improvement loan to fund your remodeling project, the best option is to shop around at different banks for the best rates.

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