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Real Estate Agents questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

A kitchen remodel can increase home value significantly, with a return on investment (ROI) ranging from 50% to 80%. A well-executed kitchen remodel that enhances functionality, aesthetics, and energy efficiency attracts more buyers and commands a higher selling price. Smaller remodels can have a higher ROI, since less cost is invested than what would go into major or complete remodels while still offering valuable enhancements.

Yes, home appraisers look at your windows when appraising your property to determine the market value of your home. They’ll factor in the type of windows, quality, condition, whether or not there are screens covering the windows, frame materials, size, insulation, and more to come up with an unbiased property assessment.

Termite damage isn’t always a deal breaker when buying a house, but don’t dismiss it. If that’s the case, you should hire a professional termite inspection to understand the extent of the damage, type of termite, state of repairs, and whether the infestation is gone.

If the termites are gone and the current owners repaired the damage, you might want to proceed. You may even be able to use the damage as a bargaining point. However, don’t forget that home insurance policies often don’t cover termite treatment or repairs and active infestations are tricky to shift.

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

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