Homes with high curb appeal tend to sell for an average of 7% more than similar houses with an uninviting exterior, according to a joint study by the University of Alabama and the University of Texas at Arlington. Further, the premium rises to as high as 14% in slower real estate markets with greater housing inventory, shows the study, which was published in the Journal of Real Estate Finance and Economics.
Researchers examined Google Street View photos and sales data from 88,980 properties in...The beginning of the new year is the perfect time to start planning for home projects. Maintenance projects are a great way to keep your space comfortable, functional and possibly add value to your home. Not all projects are boring chores. Adding new space to your kitchen or sprucing up your décor can be fun and rewarding. Here are a few new year’s resolutions for your home.
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Increase square footage
When it comes to increasing the value of your home, a...But before the fall weather rolls in and the leaves begin to change, there’s still some time to embark on those summer outdoor projects before colder temps set in. Here are five end-of-summer outdoor home improvement projects to help make your transition to fall a smooth one.
What they typically cost, and tips for getting the most return on your investment.
Image: Aniko Levai of Place of My Taste
Building an outdoor kitchen is more than an indulgence: These backyard beauties can improve your home's value. Outdoor kitchens typically get a 71% return on investment, according to the "Remodeling Impact Report" from the National Association of REALTORS® — and that's on top of your own outdoor-cooking joy. The investment can be a little — or a lot. Thes...Mark your calendar: Certain times of the year can offer seller premiums of 10 percent or more, and a majority of those days are during summer months.
ATTOM Data Solutions analyzed more than 28 million single-family home and condo sales over the past eight years to find the best time of year to sell. They found that the summer tends to be hot in real estate for more reasons than just the weather.
“Since summer is a time for vacations and outings, it’s no surprise that it’s also a time when peop...