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Real Estate Agents questions, answered by experts

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

They maintain profitability by setting competitive rental prices, reducing vacancies through effective marketing, and ensuring tenants renew leases by offering well-maintained properties.

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.

Yes, mixing siding types will affect your home value, and in most cases, it will improve curb appeal and add to the value of your home. This is especially true if you get the benefit of the high-end appearance of brick or stone siding but save on siding costs by covering most of the exterior with more affordable vinyl or fiber cement.

The Jarales, NM homeowners’ guide to real estate services

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