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Real Estate Agents questions, answered by experts

In most cases, installing skylights will add value to your home, making them a worthwhile investment for many homeowners. Buyers are often attracted to the aesthetic appeal of skylights, as they make rooms feel brighter, airier, and more spacious by introducing natural light without compromising privacy. Beyond aesthetics, skylights can offer monetary benefits by potentially reducing energy bills. Additionally, models that can be opened provide extra ventilation, which is particularly useful in hotter climates for allowing accumulated hot air to escape from the ceiling. However, the return on investment depends on several factors. To maximize value, it's crucial that the skylights are installed by an experienced professional to avoid risks like water damage, which can deter savvy buyers. Regular maintenance and cleaning are also important. Furthermore, choosing the right frame and glazing materials for your specific climate will enhance their performance and appeal. While skylights are generally seen as an asset, homeowners should also consider the initial cost, which averages around $1,500 for installation.

Yes, in many cases, a stamped concrete patio can increase your property's value. It is an affordable way to add elegance and utility to your backyard, which many prospective buyers will appreciate and may be willing to pay a premium for. Stamped concrete is highly durable; when installed by a professional, it can last for 40 years or more with proper care, and it is also relatively easy and affordable to repair. While a permanent patio may raise your property taxes, the added value and buyer interest often make it a worthwhile investment.

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.

Having a garage installed certainly adds to the value of your home. The consideration is not whether it adds value, but for many, they want to know if adding a garage yields a return on their investment or ROI. While garages can add anywhere from 5% to 20% of the total value of your property, that doesn’t mean that they return 5% to 20% of the money invested in building them. Most homeowners build garages for a purpose but know that you can recover your investment when you sell or refinance.   

Yes, mixing siding types will affect your home value, and in most cases, it will improve curb appeal and add to the value of your home. This is especially true if you get the benefit of the high-end appearance of brick or stone siding but save on siding costs by covering most of the exterior with more affordable vinyl or fiber cement.

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