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Real Estate Agents questions, answered by experts

Yes, marble floors do increase home values. In fact, if you install marble flooring in your home, you can expect to double your investment. Homebuyers love marble, like other types of stone flooring, because it’s timeless, beautiful, wears well, and is considered a luxury product. Marble is expensive to install, but if your house and location attract buyers looking for luxurious, upscale vibes, adding marble flooring can only raise your property value and give you a great return on your investment.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Modular homes can go up or down in value depending on a few factors. In areas where real estate is appreciating, the value of modular homes is likely to increase, and vice versa. Additionally, the value of modular homes depends partially on the area. In cities where every other home is stick-built, modular homes might be considered a functional obsolescence, in which case they could be less desirable and go down in value. In either case, though, modular homes can still be a good investment, especially since they provide housing at a lower upfront cost.

Ranch-style homes are typically larger and more rectangular than most bungalows' small, square footprints. The floor plans for these two home styles are often different, too, with ranch home bedrooms placed along a hallway off the central living space and bungalows having their bedrooms directly off the main area without hallways.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

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