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I Want My Own Home Library: Do Built-In Bookshelves Add Value?

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You dream of having a book display reminiscent of Hogwarts’ great library . But built-ins are a permanent, “no-take-backs,” addition to your home, and they don’t come cheap. On average it costs around $2,500 to have a carpenter put in a custom bookshelf, according to data from HomeAdvisor. For the ultimate dramatic effect, floor-to-ceiling shelves can be installed, but that’ll cost upward of $5,000 to $14,000 in total. Steinbeck, Hemingway, and Kerouac deserve nothing less, but you need to consider: Do built-in bookshelves add value, or will you someday wish you’d picked out some freestanding shelving from the hardware store and called it a day? In this guide, a real estate appraiser weighs in on how built-ins play into property value, and a custom furniture builder talks about why some clients love built-ins for their magic space maximizing potential. We rounded out our research with a top real estate agent who’s got the inside scoop on how built-ins affect your selling chances, t...

Here’s America’s Most Affordable Cities According To Arch Mortgage Insurance Company

Here's America’s Most Affordable Cities According to Arch Mortgage Insurance Company. from Forbes - Real Estate https://www.forbes.com/sites/ellenparis/2021/01/31/heres-americas-most-affordable-cities-according-to-arch-mortgage-insurance-company/

Plan to Sell Your House Yourself? 6 Eye-Opening FSBO Facts to Know First

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The idea that you can sell your house yourself sounds great in theory. Grab a for-sale sign, put in some elbow grease, and you’ll save thousands in commissions as a reward for your hard work. Now that’s empowering. Some would even call it American. When you consider that most people wouldn’t blink at using DIY tax software or getting rid of a piece of furniture through Craigslist, you’d think this whole solo home-selling thing would be crazy popular by now, too. So we were surprised digging into stats on selling your house yourself, also called For Sale By Owner or (FSBO — pronounced “Fizz-bo”) that these assumptions weren’t true. In fact, only 8% of sellers pursued the FSBO route in 2020 . Before you put out the for-sale sign and make your open house flyers, here are five facts to absorb: Source: (Blake Wisz / Unsplash) 1. Over half of FSBO sellers know their buyer, compared to 8% of all sellers. The world is small and the FSBO world is smaller yet. The National Association of...

Log Home Maintenance: 7 Tips To Give Your Beloved Cabin Much-Needed TLC

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Scandanavian settlers built the first log homes during the 17th century , and today these homes dot the landscape from New England to the Pacific Northwest and Alaska. But whether your log home has a lengthy history or was built relatively new, any log home won’t last long without meticulous TLC. “A common misconception of log homebuyers is that log homes are impervious to the elements and are built to last forever with little maintenance,” writes Wayne Bell , owner of Log Home Care in Springboro, Ohio, and whose business provides maintenance to between 400 and 500 log homes in 14 states each year. While all homes need upkeep , log home maintenance goes beyond what you might encounter taking care of a home in the city or suburbs. A log home’s greatest enemies ? Moisture, sun exposure, extreme temperatures, insects, and microorganisms. Here are a few ways to keep your log home strong and beautiful year-round. Source: (Artazum / Shutterstock) 1. Inspect your log home once a year...

9 Tips to Sell a House Without a Garage When Most Homes Have One

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Americans love the comforts and conveniences a garage can offer — so much so that less than 7% of new U.S. single-family homes constructed in 2019 didn’t have one, according to an analysis from Eye on Housing. Given the ubiquity of garages and the desire for ample storage in a post-pandemic world, can you sell a house without a garage today? “In my market area, not having a garage isn’t going to be a huge dealbreaker,” says Shane Underwood , a top Lexington, KY real estate agent who sells more condos and townhomes than average and who periodically gets a listing without a garage. “Especially for anything below $250,000 in my market, something appropriate for a first-time homebuyer, it’s not really going to be that much of a concern.” So if you can’t lure buyers with an easy way to bring in the groceries or a spot to store a deep freeze, follow these tips covering how to promote a house with no garage for a quick sale. It’s time to highlight your home’s other strengths, like a wal...

How Many Homes Does a Realtor Sell a Year, and Should You Care?

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You need a great real estate agent to sell your home. To find one, you want to go in knowing all the facts, like: how many homes does a Realtor® sell in a year? With many agents boasting “top producer” or “#1 agent” status in your city, it’s critical to understand what’s typical for the industry and how your agent stacks up against their peers. The truth is — the number of homes an individual agent sells in a year can vary widely. In the U.S., there are over 2 million active real estate licensees and 1.3 million Realtors® , or real estate licensees who’ve taken an extra step to become certified members of the National Association of Realtors (NAR). Some agents sell a single house per year for their friend, while others — we’re looking at you, Ben Caballero — have built empires to facilitate 5,801 sales annually with sophisticated tech systems. But those are the extremes. Here’s what industry metrics say is a typical number of sales per year for a Realtor® and why the figure is on...

The Best Valentine’s Day And Galantine’s Day Gifts To Elevate Your The Home

Design lovers, home chefs or anyone who simply needs a refresh will truly appreciate these chic Valentine's Day and Galantine's Day gifts. from Forbes - Real Estate https://www.forbes.com/sites/amandalauren/2021/01/31/the-best-valentines-day-and-galantines-day-gifts-to-elevate-your-the-home/

Seven Outdoor Living Trends For 2021

Outdoor living has been a growing home improvement category for years, but the Covid pandemic really brought home the importance of having private space outside your own doors. from Forbes - Real Estate https://www.forbes.com/sites/jamiegold/2021/01/31/seven-outdoor-living-trends-for-2021/

Mortgage Rates Slide Downward After A Few Weeks Of Increases

Mortgage interest rates get closer to the record low rates we saw a few weeks ago. from Forbes - Real Estate https://www.forbes.com/sites/amydobson/2021/01/31/mortgage-rates-slide-downward-after-a-few-weeks-of-increases/

Investing in Apartment Buildings vs Small Multifamily Homes 

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One of the best ways to make money and build wealth is by investing in multifamily real estate. But which type of multifamily real estate should you invest in: a small multifamily property or a… from Investment Property Tips | Mashvisor Real Estate Blog https://www.mashvisor.com/blog/investing-in-apartment-buildings-vs-small-multifamily-homes/?utm_source=rss&utm_medium=rss&utm_campaign=investing-in-apartment-buildings-vs-small-multifamily-homes

What to Know When Buying a Manufactured Home

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Planning to invest in rental property in 2021? Then you might want to consider buying a manufactured home. Also referred to as mobile homes, manufactured homes are prefabricated structures built… from Investment Property Tips | Mashvisor Real Estate Blog https://www.mashvisor.com/blog/buying-a-manufactured-home/?utm_source=rss&utm_medium=rss&utm_campaign=buying-a-manufactured-home

Miami’s Hot Luxury Real Estate Market Shows No Signs Of Cooling Down

Miami’s luxury hot real estate market shows no signs of cooling down. from Forbes - Real Estate https://www.forbes.com/sites/ellenparis/2021/01/29/miamis-hot-luxury-real-estate--market-shows-no-signs-of-cooling-down/

6 Tips for Filing a Natural Disaster Insurance Claim

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After Hurricane Sandy devastated the East Coast, many homeowners found that navigating their insurance coverage was another disaster entirely. In New Jersey alone, over 6,000 flood-insurance claims were rejected, and another 1,500 cases ended up in litigation. New Jerseyans aren’t alone: In 2019, natural disasters accounted for $52 billion of the total $60 billion in insured losses globally. These cataclysmic events present a unique threat to homes because typical home insurance policies do not cover most of the damage caused by them. Even when homeowners do have catastrophe insurance, many are either underinsured or don’t understand their coverage. With climate change increasing the frequency of natural disasters , it’s never been more important to get on top of your insurance. HomeLight asked industry experts their top tips for getting the most out of a natural disaster insurance claim. Source: (One Stock Photo / Unsplash) You need additional insurance to file a natural disast...