Get matched with top real estate agents in Coffeeville, MS

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.

If you’re selling a home and the appraisal comes in lower than an offer, you’re effectively getting more for your home than it’s worth. If you’re a buyer, it means you may be overpaying. Some buyers may try to reduce their offer amount to match the appraisal, but if they signed an agreement already at the offer price and the agreement didn’t make the sale contingent on the appraised value, there’s often no option to negotiate. Keep in mind that a low appraisal may push your loan-to-value ratio too high, meaning a lender may not give you a mortgage.

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.

Craftsman-style homes are predominantly found in the Western United States, specifically in Southern California, where the style originated. Since the climate was mild and there was access to plenty of natural resources, Southern California became a hub for this style at its inception. That being said, if you consult with an architect near you, you can have a Craftsman-style home anywhere.