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Real Estate Agents FAQs, answered by experts

The age of the well, installation methods, and maintenance logs can affect your home insurance premiums and any potential future claim. Mortgage companies can request proof of water quality before they approve the loan. Review all well information, including the Shared Well Agreement, before you make an offer to purchase.

Yes, a well-maintained gazebo can increase your property's value and marketability. The most appealing gazebos to potential buyers are typically large, well-designed, and constructed from high-quality, durable materials. Extra features like built-in seating or electrical outlets can also be attractive. Conversely, small, flimsy, or run-down gazebos are unlikely to add value. While a gazebo can be a positive feature, it generally offers a lower return on investment compared to a deck. It's also worth noting that professional landscaping, in general, can increase a home's property value by up to 15%.

A land survey defines and records the physical aspects of a property, including its boundaries, dimensions, easements, features, and sometimes topographical information. In contrast, a land appraisal determines the property's monetary value. While an appraiser will often consult a land survey to understand the property's physical specifications, the survey itself does not determine the land's value.

Adding a well can increase your home value by as much as 10%, especially if you live on a property without a connection to municipal water. But you’ll want to hire a skilled well and pump contractor for installation because an improperly installed well could actually decrease the property value.

A home sauna may be considered a luxury item by some homebuyers, which can provide a good return on investment. However, whether it increases your home's value ultimately depends on the buyer, as some may not want to take on the extra costs and maintenance associated with heating and upkeep.

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