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MARKETING & CONSULTANT SERVICES INC.

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MARKETING & CONSULTANT SERVICES INC.

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45 years of experience

For company information, please check our website @ www.marketingconsult.com. John Harris, President of Marketing & Consultant Services, Inc., has over 30 years of counseling experience. HIs offices are located at 2014 W. 13th St. North, Wichita, Kansas 67203. He has owns several successful businesses and holds a Master of Business Administration Degree. He has operated both nationally and internationally in appraisal and brokerage and currently teaches appraisal technique in business and machinery for several national firms. He is a member of Certified Business Counselors, the Institute of Business Appraisers and the American Society of Appraisers.

For company information, please check our website @ www.marketingconsult.com. John Harris, President of Marketing & Consultant Services, Inc., has over 30 years of counseling experience. HIs offices are located at 2014 W. 13th St. North, Wichita, Kansas 67203. He has owns several successful businesses and holds a Master of Business Administration Degree. He has operated both nationally and internationally in appraisal and brokerage and currently teaches appraisal technique in business and machinery for several national firms. He is a member of Certified Business Counselors, the Institute of Business Appraisers and the American Society of Appraisers.

Property Appraiser questions, answered by experts

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.

The Olpe, KS homeowners’ guide to property appraisals

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