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It is almost always more affordable to buy an existing home than to build one from scratch. First of all, new construction mortgage interest rates are often higher than traditional loans. Also, when building a home, you're covering the cost of brand-new finishes, appliances, electrics, plumbing, utility hookups, and labor. Between the cost of labor and permits, building a home will often cost more in the long run.

Yes, a pot filler can add value to a home by attracting buyers with its combination of prestige and usefulness. When building or renovating a kitchen, pot filler installation costs can add value without significantly increasing your overall budget. However, it's important to consider the overall design and layout of your kitchen before deciding to install a pot filler. Unlike other parts of the stove, a pot filler may not be used every day. Pot fillers are most appreciated in larger kitchens with a large distance between the sink and stove. In a smaller kitchen with a sink located close to the stove, a pot filler may seem like an unnecessary feature to some potential buyers.

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.

Artificial grass can add value to your home, particularly in drought-prone areas where traditional lawns are difficult to maintain. Artificial grass averages between $3 and $11 per square foot, and most homeowners see a return on their initial investment for artificial grass installation.