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Real Estate Agents questions, answered by experts

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.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

An attic ladder could increase your home’s value. This is especially true if there was no access before and you plan to turn your attic into a valuable bonus space, like a bedroom, home office, or a beautifully organized and updated storage space. Potential buyers would likely see easy attic access as an attractive selling point.

No, radon mitigation systems do not decrease home value or make a home harder to sell. In areas where homes experience similar radon exposure risks, a radon mitigation system is viewed as an improvement. Potential homebuyers often opt to buy a home with a radon mitigation system already installed to reduce the risk of cancer for their families.

Yes, a bump-out in any room, whether it’s the bedroom, bathroom, or kitchen, increases home value. Bump-outs add square footage and create a more modern, appealing look, which are proven ways to increase home value. On average, bump-outs offer an ROI between 30% and 50%. 

The La Junta, NM homeowners’ guide to real estate services

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