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Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

Just as a kitchen remodel can increase home value, so can a new kitchen island. A kitchen island provides extra counter space, increased eye candy, and improved functionality that will likely impress prospective home buyers. You can expect an ROI of about 60% to 80% of the cost of your kitchen island installation, though this depends on the overall design of the fixture. 

Yes, adding a pergola can add value to your home and provides an excellent selling point for potential buyers who enjoy outdoor living. Pergolas may have a 50% to 80% return on investment. To add more value, choose a structure made from durable, long-lasting materials and have it professionally installed. Extra features like a motorized roof, smart louvers, and heaters or misters may also give you a better return on investment.

You may be able to negotiate an as-is purchase, but many sellers who list their homes as-is aren’t willing to lower their asking price since they’ve already accounted for the price of repairs. Homes are often listed as-is for a quick sale, so there’s a chance a seller may negotiate in order to make the sale—it never hurts to ask.