Millions of houses exist in the world, yet only a small fraction of those are anything special. And whilst it's easy to simply throw money at a property, you'll be surprised to see that the most expensive places aren't always the most amazing and awe-inspiring.
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You might be amazed at the things that do not increase the value of your home. The reason I say this is because I work primarily with sellers, which means I hear those mistaken beliefs all the time and can pretty much count on a seller coming up with a list of home improvements that do not increase the value in the way the seller had hoped. It can be a bit devastating to find out from your Realtor that the stuff you invested in, perhaps borrowed money for, not only does not improve the value of the home but, horrors, might actually detract from it. Fortunately, it most cases, the improvements that do not add value might make it easier to sell your home or give the buyer peace of mind. Peace of mind does not come with its own price tag, though. It's an intangible quality. Affectionately known as the Whale House, this classic Bridgehampton treasure offers a great deal of history and an elegant summer home or year-round escape. Originally built in 1800, the updated and expanded estate sits on just under three acres and encompasses 6 bedrooms, 4.5 baths and 4,559 square feet — all for a listing price of $7.995 million. Here are five steps Millennials should take when buying their first home, from Timothy Savoy, real estate agent in Washington, D.C. Sam DeBianchi on CNBC Power Lunch discussing if virtual reality is taking over real estate and what positives and negatives is it bringing to the industry? Every house has a style. Sometimes it has two or more; because of renovations and new, eclectic mixes, fitting a home into one specific category can be daunting or even impossible. Thankfully, there’s no need to memorize complicated architectural terminology. REALTOR® Magazine has compiled a convenient compendium of common styles. Delve in and learn to highlight the details that give a home character, history, and romance. |
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