Summer Tourism and the Impacts on the Property Values along the Grand Strand as well as Coastal North Carolina
How Summer Tourism Impacts Property Values along the Grand Strand as well as Coastal North Carolina. We are no stranger to the surge of visitors that flood the Grand Strand every summer. With miles of sandy shoreline, a vibrant nightlife, and family-friendly attractions,...
Zillow vs. Reality
Zillow vs. Reality: Why Online Estimates Can Mislead Homeowners In today’s digital world, it’s tempting to rely on instant answers — especially when it comes to something as important as your home’s value. Type your address into Zillow, Redfin, or Realtor.com, and you’ll get...
Home Improvements That May Not Increase Your Home’s Value
Not all home upgrades are created equal—especially when it comes to increasing your home’s appraised value. While some renovations can enhance your comfort and enjoyment, they may not necessarily lead to a higher market value when it's time to sell or refinance. Below, we’ll...
For What It’s Worth Appraisals: Leading the Myrtle Beach Market with 70+ Years of Expertise
Title: "For What It’s Worth Appraisals: Leading the Myrtle Beach Market with 70+ Years of Expertise" Introduction When it comes to real estate appraisals, experience matters. At For What It’s Worth Appraisals, our team brings over 70 years of combined expertise, making us the...
Appraisal Waivers versus Traditional Appraisals
Appraisal Waivers vs. Traditional Appraisals: Key Differences A property appraisal is typically part of the process when buying, refinancing, or securing a loan. Traditionally, this means hiring a licensed appraiser to assess the home’s value. However, appraisal waivers are becoming an alternative, allowing some...
November Blog: Are Solar Panels a Smart Investment in South Carolina?
Are Solar Panels a Smart Investment in South Carolina? As solar energy continues to grow in popularity, many South Carolinians are weighing the pros and cons of investing in solar panels. While the state offers seemingly favorable conditions for solar adoption, the decision isn’t...
Insurable Values: Meaning, Overview, and Importance.
Insurable Values: Meaning, Overview, and Importance Insurable Value represents the estimated cost required to reconstruct or replace a property, excluding land, in case of potential damage or destruction. According to the Colorado Appraisal Consultants definition, an insurable value is based on “the cost of...
A Dip in Interest Rates? Buyers, Beware …
Word is that the United States Federal Reserve is predicted to cut home loan interest rates at the end of September 2024, when the Federal Open Market Committee (FOMC) meeting is scheduled. This is good news for homebuyers, right? Let’s take a closer look....
The Rising Costs of Real Estate Insurance & How It Impacts HOAs and Condos
There has been a rise in real estate insurance costs in recent years, which has particularly affected property owners involved with homeowners’ associations (HOAs) and condo communities and the financial health and operational stability of these organizations. What are the factors driving these insurance...
6 Reasons You Should Never Price a House by Price Per Square Foot
Here at For It’s Worth Appraisals, we offer real estate counseling services to developers, homeowners, operators, and investors. One piece of advice we give when it comes to selling a house is not to solely rely on the price per square foot. It is...