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If a home's appraised value comes in lower than the offer price, it can create complications with financing. Lenders typically won't issue a loan for more than the property's market value, as this can push the loan-to-value (LTV) ratio too high and may prevent the loan from being approved. Your options depend on whether your purchase agreement includes an appraisal contingency. If there is no contingency, both parties may be locked into the deal, meaning the buyer pays more than the appraised value. If a contingency exists, the buyer can usually renegotiate the price or withdraw from the deal. If a buyer still wishes to proceed, they can try to negotiate a lower price, increase their down payment to cover the difference, or get a second appraisal.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

A shed that connects to water or electrical services is likely to be assessed for property taxes; however, tax assessments vary around the country. Since every state and local municipality differ regarding property taxes, you should contact your city to determine whether or not you’re required to pay property taxes. Some states consider sheds or detached garages taxable if they have water, sewer, and electricity installed.

Yes, a new roof will add value to your home, often providing a return on investment (ROI) of between 60% and 70%. Not only will a new roof boost curb appeal, but savvy homebuyers will also know that a new roof means they won’t have to worry about roof leaks and related damage for years after closing. They’ll also know that they’ll save money by potentially having decades before they need to worry about paying for repairs or replacement.