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Real Estate Agents questions, answered by experts

Mold can greatly impact your home's appraisal and lower your selling price if your home's on the market. Home appraisers take mold into account when figuring out a property's overall value. Mold will lower your home's price because it poses a health risk to household members and can compromise the structural integrity of the house. Mold will require remediation, which in extreme cases can be costly, so that is factored into your home's appraisal as well.

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.

Yes, coffered ceilings add value to a home. They’re a timeless addition that creates an instant focal point in a room and makes it feel luxurious, no matter the style. This can catch the eye of potential homebuyers and get them excited about the home, providing you with a return on your investment.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

No, home improvement loan rates typically do not drop during certain times of the year. Interest rates go up and down based on economic conditions rather than on the time of the year. Some banks may offer slight rate discounts around the same holidays every year, but this is a marketing decision rather than a decision based on the time of the year. If you want to use a home improvement loan to fund your remodeling project, the best option is to shop around at different banks for the best rates.

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