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Real Estate Agents questions, answered by experts

Yes, a garage apartment is generally considered a valuable asset as long as the new structure has been legally built. It's important to weigh the cost to build a garage with an apartment against the cost to convert a garage to living space if you already have a garage.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.

Yes, shipping container homes have a very high resale value if they’ve been well maintained over the years. You can resell this home similar to how you’d resell any home. The value depends on the market and the condition. As a bonus, you can transport many container homes depending on the design, which makes them easier to sell if the local market is challenging. 

The Capitan, NM homeowners’ guide to real estate services

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