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Real Estate Agents questions, answered by experts

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

By increasing square footage and functionality, resale appeal is enhanced.

If the appraised value comes in lower than an offer, a buyer will normally be able to back out because a low appraisal can prevent a mortgage from going to underwriting. The buyer can also try to negotiate for a lower sale price or offer to put down more cash to bridge the appraisal gap.

Yes, adding a pergola can add value to your home and provides an excellent selling point for potential buyers who enjoy outdoor living. Pergolas may have a 50% to 80% return on investment. To add more value, choose a structure made from durable, long-lasting materials and have it professionally installed. Extra features like a motorized roof, smart louvers, and heaters or misters may also give you a better return on investment.

Yes, landscaping costs are generally a worthwhile investment that can increase your property value. Landscaping can boost your home's value by up to 30% by improving its curb appeal, which can help it sell faster and for a higher price. Specific projects have a high return on investment (ROI); for example, revamping a front walkway can offer a 100% ROI, while a pristine, well-manicured lawn can deliver an impressive 217% ROI. In addition to the financial returns, you also get to enjoy the improvements, especially with features like an outdoor living area.

The Glorieta, NM homeowners’ guide to real estate services

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