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Real Estate Agents FAQs, answered by experts

A home sauna may be considered a luxury item by some homebuyers, which can provide a good return on investment. However, whether it increases your home's value ultimately depends on the buyer, as some may not want to take on the extra costs and maintenance associated with heating and upkeep.

Currently, the average house in Hawaii is around $830,000, with prices having risen over the last five years. Some areas, like Honolulu or Ewa Beach, are a bit less expensive, but others, like Waimanalo and Pearl City, drive up the average price.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Yes, adding central air can increase your home value by as much as 10%. Generally speaking, prospective buyers prefer a central AC system over a ductless system or room-by-room AC units. That’s because central air conditioning blends into the home easier than individual room air conditioners and typically has less equipment to maintain.

Pricing a fire-damaged house is tricky, and it’s best to involve some professionals. First, get a comprehensive repair estimate from a fire damage restoration expert. Next, have a real estate agent get you an as-repaired value for the home, which represents what the house would be worth if fully repaired. Subtract the repair estimate from the as-repaired value to get the as-is value.

The Yah-ta-hey, NM homeowners’ guide to real estate services

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