Putting a fresh coat of paint on your home won’t necessarily boost the home’s appraised value. Yet, many buyers will pay more for a home with on-trend colors because of perceived home worth. Most home appraisers think about your home’s size or square footage, the number of bathrooms, the garage size and other concrete factors. Potential buyers, on the other hand, concentrate on cosmetic details. Some buyers are willing to pay more than the appraised value for a home that has a nice appearance. According to an article by cbslocal, interior paint colors dramatically impact home sale profits. A study by Zillow looked at thousands of houses to figure out which colors boosted or deflated sale prices compared to basic white walls. Continue reading
When it comes to the architectural style of a home, some people think about resale value and others focus on their personal dream home. If visions of Colonial, Modern or Ranch homes dance in your head, it pays to go with the heart. However, a good Realtor will assist you in understanding the most popular architectural styles and projected real estate trends as it relates to resale value. According to research by trulia.com, favorite home styles depend on which part of the country an individual resides. For home buyers in our area, some of the common home styles include ranch, craftsman and contemporary. A lot of home buyers specifically seek mid-century modern homes to renovate. If you aren’t sure which style to choose, experts say the safest best is to opt for the humble ranch style home. In fact, ranch is the favorite architectural style in 34 states.
A ranch is a single story home, which appeals to aging home buyers including baby boomers who don’t want to travel up staircases. Ranch homes as well as contemporary homes have open floor plans. Built in Springfield in the 1980s and 1990’s ranch homes include attached garages with attractive brick. When it comes to projected real estate trends, experts say the ranch is making a comeback but other architectural styles making headlines include the modern home with geometric lines and a lot of windows. Continue reading