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Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

Repiping a house is a worthy investment in several scenarios. Key indicators that it's time to repipe include having pipes that are over 50 years old, experiencing frequent leaks and repairs, or noticing signs of corrosion and low water quality. It is especially important to replace pipes made from certain materials; lead pipes can cause serious health issues, galvanized steel can lead to rusty water, and polybutylene pipes can leach chemicals into your water supply.

Investing in new plumbing can prevent costly problems like water damage and mold growth. New pipes can last anywhere from 50 to 100 years, saving you money on future repairs and high water bills. Repiping can also increase your home's overall value and improve efficiency, for example, by using PEX pipes for lines that don't carry hot water. The cost to repipe a house typically ranges from $1,500 to $15,000.

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