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How to maximize property value Adam Wiener CRA CSL

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Page 1: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

How to maximize property value

Adam Wiener CRA CSL

Page 2: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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

Page 3: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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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Page 4: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

Solution ▫ In few simple steps you can guide them to choose the right improvement projects for their home.

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Page 5: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

Success ▫ You can help them increase their home’s value, so they have a successful home selling experience.

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Page 6: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

Siri is a geniusWe asked Siri to help us with research…

She was not very helpful

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Page 7: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

1. Market Conditions

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Marketing A Home 2. The Neighborhood

3. The Seller

4. The Home

Page 8: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

Big QuestionsWhat to think about when maximizing value

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Page 9: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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1. What projects generate the best return on investment?

2. Any other suggestions that maximize property value?

Page 10: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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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Page 11: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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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Page 12: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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Cost vs.Value2019

Page 13: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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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)

Page 14: How to maximize property value · vs. Value 2019 Cost Vs. Value compares average costs for 22 remodeling projects with the value those projects retain at resale. Avg $ Boston NE Garage

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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