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Real Estate Agents questions, answered by experts

It depends on the location of the home and, more particularly, the region’s climate. For example, a Florida homeowner can rest assured they won’t lose money at resale if their home doesn’t have a fireplace. However, buyers in Minnesota or other northern states known for frigid winters might offer a lower price if the home doesn’t come equipped with another way to stay warm.

Countertops play a significant role in determining your home's resale value. High-quality, stylish countertops can attract potential buyers and increase the overall appeal of your property. Desirable materials like granite, quartz, or marble often command a higher resale price. On the other hand, outdated or damaged countertops can deter buyers and lead to lower offers. Investing in attractive, durable countertops can be a smart move to boost your home's resale value.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

Modular homes can go up or down in value depending on a few factors. In areas where real estate is appreciating, the value of modular homes is likely to increase, and vice versa. Additionally, the value of modular homes depends partially on the area. In cities where every other home is stick-built, modular homes might be considered a functional obsolescence, in which case they could be less desirable and go down in value. In either case, though, modular homes can still be a good investment, especially since they provide housing at a lower upfront cost.

For homeowners who love the charm and character of historic homes, renovating is well worth the invested cost. Keep in mind, though, that historic homes often need more extensive work than you might think at first, so be sure you know exactly what needs to be done so you can decide for yourself if the time, money, and effort are worth it for you.

The Elbert, co homeowners’ guide to real estate services

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