Get matched with top real estate agents in El Duende, NM

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Yes, a screened-in porch will increase your property taxes because it has a foundation and is considered a permanent improvement to your land. The exact amount your taxes will go up depends on the value of your existing home, the value added by the screened-in porch, the size of the structure, your location, and more.

Yes, an outdoor kitchen can increase your home's value, as outdoor living areas are increasingly popular among potential homebuyers. The return on investment (ROI) can vary significantly, with estimates ranging from 50% to as high as 200%. In many cases, homeowners can expect to at least break even on the project. The final ROI depends on several factors, including the kitchen's size, design, and quality, the materials used, and whether it was professionally installed. Other considerations that impact value are your home's location, how well the kitchen is maintained, and how soon you sell after the remodel. However, be mindful that an outdoor kitchen that takes up a large portion of your usable yard space could be seen as a drawback by some buyers.

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.