Home Valuation for Buyers

8 Things that Affect the Future Resale Value of a Home

Home Valuation for Buyers

Whether you’re a buyer, wondering what to look for in a home, or a seller interested in maximizing the market value of your existing home this article is for you. When it comes to the marketability of a home there are certain features that tend to score higher with buyers than others. Knowing what to look for can be the difference between a home that sells rather quickly and one that lingers on the market like 2-day old bread.

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Attention Buyers: All Square Footage Is Not Created Equal

Home Valuation for Buyers

Did you know that square footage is one of the most important criteria used by appraisers in estimating the value of comparable sales? It’s not enough that two different homes are comparable in terms of approximate year built, amenities, lot size, etc. If they are significantly different in terms of square footage then many underwriters may deem them insufficiently comparable.

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