Get matched with top real estate agents in Bruce, MS

Depending on where you live and the demand for pools and spools, a spool may increase your property value and make your home more appealing to potential buyers. It’s worth looking at installation, maintenance, insurance, and safety costs to see if the increase in value is worth the cost of installing a spool.

No, radon mitigation systems do not decrease home value or make a home harder to sell. In areas where homes experience similar radon exposure risks, a radon mitigation system is viewed as an improvement. Potential homebuyers often opt to buy a home with a radon mitigation system already installed to reduce the risk of cancer for their families.

Home additions can add significant value to a home by increasing its overall square footage and enhancing a home's functionality and appeal. Key additions such as extra bedrooms, bathrooms, or larger kitchens offer the highest returns on investment. Well-planned additions that seamlessly integrate with the existing structure and match the neighborhood's style can boost curb appeal and market value. However, the actual increase in value depends on the quality of the work, the types of additions, and the current real estate market conditions.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.