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The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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.

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

Countertops play a significant role in determining your home's resale value. High-quality, stylish countertops can attract potential buyers and increase the overall appeal of your property. Desirable materials like granite, quartz, or marble often command a higher resale price. On the other hand, outdated or damaged countertops can deter buyers and lead to lower offers. Investing in attractive, durable countertops can be a smart move to boost your home's resale value.