Key Takeaways: Teardown houses are often worth more for their land than their structures. Pricing should reflect location, lot size, and redevelopment potential. Selling as-is saves money on unnecessary repairs. Zoning, demolition costs, and permits affect value and buyer demand. What is a teardown house? A teardown house is a property where the land value outweighs the structure. These homes are...
Selling your home is a big step, and naturally, you want to get the best possible price. It’s easy to think that setting a high asking price will lead to a higher sale, but sometimes, overpricing can actually work against you. As you consider how to price your home in Boulder or Evanston, this Redfin real estate article explains the dangers of overpricing your home. The initial excitement fades When...
If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here's a trend worth paying attention...
Heat waves continue to affect most of the U.S. this summer. Here's how you can protect your HVAC system during the heat and conserve energy...
Buying a home is an exciting adventure but it often comes with surprises during the property inspection. From sneaky leaks to electrical quirks, the most common home inspection problems include structural damage, roof and plumbing issues, outdated electrical panels, HVAC concerns, water damage, termites, safety hazards, and drainage problems. No matter if you’re hunting in Beaverton, OR,...
As a homebuyer, home maintenance is key to keeping your property in good condition for years to come—but without a solid plan, those costs can add up quickly. The most effective way to budget for home maintenance is to set aside about 1% to 4% of your home’s value each year (or break it down into monthly amounts), then adjust depending on your home’s age, size, and location. Keep this...
For many Americans, rising housing costs aren’t just straining budgets – they’re forcing heartbreaking decisions. Nearly half of U.S. homeowners and renters (44.4%) say they struggle to afford their monthly housing costs, according to a Redfin-commissioned survey. Most households under pressure are making smaller trade-offs, like eating out less (41%) or skipping vacations (34.6%). But for some, the...
There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you...
Experts weigh in on how to get reimbursed during outages for your utilities or...
Heat waves continue to affect most of the U.S. this summer. Here's how you can protect your HVAC system during the heat and conserve energy...
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