Archive | Home Selling RSS feed for this section

Does a central humidifier to a home add to a home’s resale value?

3 Feb

Our response to this seller question on “Ask a REALTOR Answer |®” Blogs:

We’ve always added them to the past few homes we’ve owned, and would especially recommend them for folks who own log homes. (see for more info.)

As more folks become aware of such amenities, they more they are expected…especially in higher-end homes, and homes in unique environments.  How much value a given buyer might put on one is of course variable.

At the very least, it’s a positive copy point for marketing purposes. Whole-Home backup power generators, or professional hookups that enable safe and easier use of portable units, would fall into the same same of category.


School District Election Issues and Property Values

9 Nov

I’ve written about this previously on our web site and elsewhere, and want to disclose that I am a former member of the Hilliard City School District Board of Education.  We continue to market and sell real estate in the greater central Ohio area, certainly including Hilliard, as well as southeast Ohio’s “hills” vacation real estate, and as a result now follow a great many school districts.  This morning’s election results, which showed Hilliard’s levy issue losing by a handful of votes, along with a rundown of vote totals for board candidates, caused me to do a bit more searching.

The levy opposition posed by “For Hilliard Kids” and that group’s endorsed candidate offers a web site with a blog where I found a thread covering school issues and property values.  I fully acknowledge that I disagree with the thoughts there that state one does not affect the other…and for the record posted the following, which summarizes those thoughts I’ve posted before:

“I’d suggest reviewing the histories of property sales and values in central OH surburban districts that have had repeated difficulty in passing school issues…specifically, ask appraisers what the impacts might have been on property values; they’re bottom-line folks, ultimately reporting to even more bottom-line underwriters. And perhaps Hilliard’s major growth spurt (and subsequent ongoing property value increases, at rational rates) had some connection to voters repeatedly approving school issues. Doug Parker, former HCSD member”

As for candidate and vote totals, the local TV media web sites have done a nice job of presenting information online, including