Get matched with top real estate agents in Erieville, NY

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Yes, a pot filler can add value to a home by attracting buyers with its combination of prestige and usefulness. When building or renovating a kitchen, pot filler installation costs can add value without significantly increasing your overall budget. However, it's important to consider the overall design and layout of your kitchen before deciding to install a pot filler. Unlike other parts of the stove, a pot filler may not be used every day. Pot fillers are most appreciated in larger kitchens with a large distance between the sink and stove. In a smaller kitchen with a sink located close to the stove, a pot filler may seem like an unnecessary feature to some potential buyers.