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Avatar for Annex Builders Llc
Annex Builders Llc
5.0(
6
)
Appraisal - Real Estate

Serving Penasco, NM and surrounding areas

In business since 2023

Free estimates

Warranties offered

"Annex Builders LLC did a great job on our commercial building project. They are quick, reliable and fairly priced. They stayed on or ahead of schedule through the project. Thier workers are respectful and trustworthy. I highly recommend Annex Builders for any of your construction needs. I will definitely be using them again."
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+56

Response time4 days
Response rate100%
Recommended by100%of homeowners
Real Estate Agents questions, answered by experts

Yes, an elevated deck can increase a home's resale value. Homeowners can expect a 65% return on investment from the cost of a second-story deck installation. For example, if you spend $5,000 to install a second-story deck, that deck will add $3,250 to the value of your home.

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.

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.

While LVP won’t increase home value as much as engineered hardwood, it can increase the value somewhat because it creates a warm and inviting aesthetic. It’s also durable and waterproof, so it can be appealing to homebuyers with pets and children. LVP is very low-maintenance, so that can also appeal to homebuyers who don’t want to spend a lot of time keeping up with an engineered or solid hardwood floor.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

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