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Real Estate Agents questions, answered by experts

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

An estimate is more informal than a quote. Estimates are based on the contractor's prior experience, and they are expected to be off by 10% to 15% of the actual project cost and timeline. Quotes are more formal and require far more detailed information outlining the scope and cost of the project, including a thorough inspection of the area where the contractor will work. This is because the quote is expected to become a binding contract while an estimate does not have this expectation.

Yes, an outdoor kitchen can increase your home's value, as outdoor living areas are increasingly popular among potential homebuyers. The return on investment (ROI) can vary significantly, with estimates ranging from 50% to as high as 200%. In many cases, homeowners can expect to at least break even on the project. The final ROI depends on several factors, including the kitchen's size, design, and quality, the materials used, and whether it was professionally installed. Other considerations that impact value are your home's location, how well the kitchen is maintained, and how soon you sell after the remodel. However, be mindful that an outdoor kitchen that takes up a large portion of your usable yard space could be seen as a drawback by some buyers.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

An A-frame home can be cheaper to build than a traditional house, but that is not always a given. Prices can be fairly similar in some cases, depending on the location, design, and necessary site preparation. Costs for an A-frame typically run between $100 to $200 per square foot, which is comparable to the cost of a traditional home. The cost of an A-frame can come in under those numbers if you opt for a prefabricated kit.

The Mimbres, NM homeowners’ guide to real estate services

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