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Real Estate Agents questions, answered by experts

A land survey defines and records the physical aspects of a property, including its boundaries, dimensions, easements, features, and sometimes topographical information. In contrast, a land appraisal determines the property's monetary value. While an appraiser will often consult a land survey to understand the property's physical specifications, the survey itself does not determine the land's value.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

Yes, a tile roof will increase the value of your home more than an asphalt shingle roof. Not only do tile roofs look nicer and add more to your curb appeal, but buyers will understand that roof tiles last longer than most other materials, so they can expect minimal maintenance and a long roof lifespan after closing, which often means they’ll be willing to pay more for a home with this roof option.

You'll notice that many projects that add value to your home involve increasing curb appeal. Adding an aluminum fence improves the style of your yard and the safety levels for pools, pets, and backyard playtime. You can also choose aluminum fence designs with unique ornamental features or paint the fence to match your home's style.

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.

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