how to maximize property value · vs. value 2019 cost vs. value compares average costs for 22...
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How to maximize property value
Adam Wiener CRA CSL
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Hello My Name is Adam
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Sometimes, you are just not sure what a home will sell for, or appraise for. Our pre-appraisal process gives you an accurate value using the FNMA Guidelines, so you can close more sales.
Since every dollar counts, get the right appraiser
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The Problem
▫ Homeowners considering which updates or renovations have the biggest payoff are facing an overwhelming amount of conflicting and inaccurate information.
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Solution ▫ In few simple steps you can guide them to choose the right improvement projects for their home.
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Success ▫ You can help them increase their home’s value, so they have a successful home selling experience.
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Siri is a geniusWe asked Siri to help us with research…
She was not very helpful
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1. Market Conditions
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Marketing A Home 2. The Neighborhood
3. The Seller
4. The Home
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Big QuestionsWhat to think about when maximizing value
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1. What projects generate the best return on investment?
2. Any other suggestions that maximize property value?
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Answer to Question 2
1. Cosmetics:Curb appeal matters.2. Budget Improvements:Modernize3. Declutter and stage:Experience4. Home inspection: Pre-listing5. Bigger improvements:I nvestments
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Answer to Question 1
▫ The most reliable source about home improvement projects that generate the best return on investment for your clients is free and comes out every year.
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Cost vs.Value2019
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Cost vs.Value2019
Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale.
Avg $ Boston NE
● Garage Door Replacement $3,845 103.3% 107.3%● Entry Door Replacement $2,148 90.6% 63.6%● Re-side exterior $19,343 79.8% 88.6%● Manufactured stone Veneer $9,800 88.7% 93.8%● Minor Kitchen Remodel $27,541 87.1% 81.0%● Deck Addition $17,256 80.7% 77.6%
Remodeling 2019 Cost vs. Value Report (www.costvsvalue.com)
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Thanks!ANY QUESTIONS?You can find me at▫ [email protected]▫ 617-448-9444▫ Private Facebook Group: Appraisers helping
Greater Boston Real Estate Agents