http://www.remodeling-trade.com/car-painting-online-estimates/
estimated online home value calculator?
is there an online home value calculator similar to the Kelley Blue Book online calculator for cars?
read further if you will….
my husband and i were recently told that our home monthly mortgage cost is going to go up by $300 a month which is more than we can afford in this economy. (for the record, we do have a 30 year fixed rate, it’s the escrow tax that’s going up which is causing our monthly cost to go up).
i was wondering if there was an online quiz like the kelley blue book for vehicles that you can type in your square feet, adjustments, landscaping, etc. about your home and it will tell you the approximate value. i’m sure it wouldn’t be completely accurate, but we added a lot of hardwood flooring, paintinglandscaping and the mortgage officer told us that wouldn’t do a thing to our value (which i’ve always heard hardwood floors, painting and landscaping does a lot).
If there is such a site, I do not know about it.
Painting doesn’t add value, hardwood floors are a matter of taste, some people love them, some despise them, so that is not a good determination of value to the typical consumer. I sold a home that did not have a blade of grass, no bushes, no trees and that is exactly the way the buyer wanted it, he wanted to do his own landscaping. I showed a house on Monday that had extensive landscaping in the back yard which obviously cost a lot of money. My clients loved the house, but since the entire backyard was taken up by landscaping, there was not room for a swingset or other play structures for their children, so we did not make an offer. Landscaping is another one of those personal things, some people like it, others don’t.
Updating kitchens and baths give you the best return on your investment, but nothing is 100$.
Sorry, but your mortgage officer is correct.
What is escrow tax?
Ken’s Bodyshop