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Real Estate Agents questions, answered by experts

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%. 

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

A land survey includes the layout of a single property, including precise measurements and to-scale drawings of boundary lines, land improvements, and sometimes other features, like topography and drainage information. A plat map includes the layouts and boundary lines of several adjacent plots and basic structure measurements. Surveys are normally more valuable for homeowners and buyers, and plat maps are for governmental use.

Yes, a garage apartment is generally considered a valuable asset as long as the new structure has been legally built. It's important to weigh the cost to build a garage with an apartment against the cost to convert a garage to living space if you already have a garage.

Tiny homes may depreciate and be more challenging to sell because of their size, customization, and unique space. If your tiny home is on wheels, depreciation can happen in the same way that cars and RVs do. If your tiny home isn’t structurally sound, the resale value will also be lower. 

The Mountainair, NM homeowners’ guide to real estate services

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