Determining the things that add value to your property can sometimes be vexing. You can spend a lot of money on improvements thinking they’ll add value to your home, but it won’t matter if the appraiser doesn’t agree. If you’re looking to refinance, you’ll want to know what improvements will create the biggest impact on the value of your home.
So how do you know which things add value?
Jamie Chapman, a director of solution consulting at Quicken Loans, was kind enough to record the handy video above. In it, she says that home improvements don’t necessarily have to be big-ticket items. They can be something as simple as improving your curb appeal by adding a new front door.
She also talks about the fact that replacing your 15-year-old HVAC system with a new Climatron 2400™ (patent pending) may not necessarily add to your property value. Why not? Why wouldn’t