The Close

FEBRUARY 16, 2024

Related Article The 38 Best Apps for Real Estate Agents (Including 2 to Watch) in 2024 VR in Commercial Real Estate In case you were wondering, yes, VR is also beneficial in commercial real estate. It’s being utilized extensively for rehab and renovation projects, new construction and development, and more.

Staging 89

Staging Technology Renovation Commercial 89

McKissock

DECEMBER 4, 2020

Last month we asked our appraisal community, “What new appraisal specialty or niche would you like to break into?” The top three answers were review appraisal, commercial appraisal, and green home appraisal. What new appraisal specialty or niche would you like to break into? Commercial appraisal (21%).

Commercial 66

Commercial New Construction Renovation Construction 66

C4D Crew

NOVEMBER 9, 2022

Commercial property owners can reduce their building operating costs in a variety of ways. One of the strongest areas to concentrate on to lower the TOC of buildings, particularly during significant renovations or new construction, may be green initiatives. Best initiatives to reduce operating costs.

Construction 52

Construction New Construction Technology Commercial 52

HomeLight

AUGUST 18, 2020

What I specialize in is the impact of a renovation on the value of a home,” shares Allison Harris , a top real estate agent in Savannah, GA with over 217 transactions under her belt. “I Expert advice: A first floor home addition is an ideal spot for a new main suite. Header Image Source: ( S.J. Janis Company, Inc. ).

Renovation 114

Renovation Construction Due diligence Design 114

Enertiv

APRIL 26, 2021

Utility Management Background The status quo for utility management in commercial real estate is slow, tedious, and not particularly accurate. Unfortunately, these requirements have created a huge reporting burden for owners and operators of commercial real estate. Many portfolios spend an entire month on GRESB reporting alone.

Technology 52

Technology Commercial Investor New Construction 52

Realtor.com

JULY 2, 2021

The chaos presented unique opportunities: Investors took advantage of low prices and low mortgage interest rates to scoop up aging properties for renovation or demolition.

Investor 67

Investor Construction Days on market Development 67

Realtor.com

JULY 2, 2021

The chaos presented unique opportunities: Investors took advantage of low prices and low mortgage interest rates to scoop up aging properties for renovation or demolition.

Investor 52

Investor Construction Days on market Development 52

Housing Wire

JUNE 16, 2021

The report, authored for the NAR by the Rosen Consulting Group , highlighted a “chronic shortage of affordable and available homes [needed to support] the nation’s population,” noting the recent lack of new construction and a prolonged underinvestment in those affordable units as the main culprits.

Marketing 536

Marketing Construction Development Residential 536

Realtor.com

NOVEMBER 30, 2021

That price is to include a complete renovation of the home, courtesy of the developer. No renovations have been performed as yet. The new construction would also include a six-car garage and two swimming pools. A developer, Todd Michael Glaser , bought the property and has big plans—hence the huge price tag.

Renovation 116

Renovation Development Residential New Construction 116

Redfin

JUNE 16, 2023

When it comes to building or renovating homes, sustainable practices and energy-efficient design have taken center stage. Property types: Commercial, residential, and public properties, and communities and cities. Property types : Products; commercial, residential, and public properties.

Commercial 61

Commercial Residential Design New Construction 61

HomeLight

JULY 13, 2022

This indicates how the building is classified for zoning purposes (residential, commercial, industrial, retail, etc.) Commercial and residential properties require different certificates. New construction: If you build a new home to sell, a certificate of occupancy will be part of the sale.

Inspection 102

Inspection Renovation Residential Commercial 102

Realty Biz

AUGUST 28, 2023

They are used for a variety of purposes: Obtaining Permits: Municipal authorities often require a plot plan during the permit application process for construction or renovation projects. A site plan is usually required for more significant developments, such as commercial or residential complexes.

Land 61

Land Construction Development Design 61

Redfin

MAY 5, 2023

The process is much easier with new construction, as you can design and customize the home before building it. Here’s a breakdown: Building Design and Construction (BD+C) : This category covers new construction projects and major renovations of existing buildings.

Construction 52

Construction Design Renovation New Construction 52

McKissock

NOVEMBER 24, 2022

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. Not yet a member? Learn about the benefits of membership.

Residential 52

Residential Renovation Commercial New Construction 52

HomeLight

AUGUST 24, 2020

The renovations we do range from simple $15,000 repairs to more complex fixes of up to $200,000,” says Mike Nuss. When you’re looking at multifamily units, however, the cost of renovations can increase substantially. Through massive renovations, he gave each unit additional bedrooms and a bathroom. Buy-and-hold investors.

Investor 87

Investor Renovation Due diligence New Construction 87

McKissock

AUGUST 23, 2022

Renovation and Remodeling Appraisal Considerations. When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

Renovation 76

Renovation Residential Commercial New Construction 76

Marco Santarelli

SEPTEMBER 7, 2021

You need to find markets that are in the phase of expansion – where sales and prices are rising, affordability is good, construction is low and capital investment is rising. Peak new construction tends to occur past peak housing demand, which ultimately leads to temporary oversupply and lower prices.

Investor 112

Investor Bankruptcy Renovation Industrial 112

HomeLight

AUGUST 31, 2021

The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. A Standard 203(k) is for homes that need major renovation or have structural issues. The key requirements are: The home has to be at least one year old (no new construction).

Loans 83

Loans FHA loan Pre-approval Finance 83

HomeLight

MARCH 28, 2022

A preliminary meeting also allows Robinson to intervene before an unnecessary renovation has reached the demolition stage. For example, instead of a costly kitchen remodel, Robinson sometimes recommends fresh paint, new cabinet hardware and updated lighting. Sometimes, it’s worth taking a cue from new construction.

Sales 102

Sales Marketing MLS Staging 102

HomeLight

OCTOBER 15, 2020

Remember, renovated homes in trendy in-town neighborhoods or country club subdivisions can easily cost two to three times the median price. The region is criss-crossed by three other interstate highways, which all intersect I-285 and create busy commercial centers with office highrises, shopping malls and apartments.

Due diligence 86

Due diligence Earnest money deposit Marketing Inspection 86

HomeLight

FEBRUARY 28, 2021

The largest tonnage seaport in all of New England , Portland’s waterfront area is home to bustling local fishing businesses and commercial shipping companies. This is important because it reduces your leeway for do-it-yourself renovations, unless you just happen to have an asbestos license.

Inspection 63

Inspection Pre-approval Renovation Development 63

HomeLight

SEPTEMBER 12, 2022

If it’s a newer home or new construction, we’re going to also complete the cost approach. You may see some new construction taking place or the development of some commercial property that could either be detrimental or positive to buyers. And so, that’s just for the sales comparison approach.

Marketing 108

Marketing MLS Agents Sales 108

Realtor.com

MARCH 8, 2021

Locals call downtown and the urban and commercial neighborhoods nearby “ the peninsula ,” since it’s situated on an area that extends into the Casco Bay. For a new-construction condo , buyers can pay nearly $470,000. This ranch-style two-bedroom is newly renovated, has a large outdoor deck, and comes with a $179,500 price tag.

New Construction 126

New Construction As-is Construction Agents 126

HomeLight

JUNE 4, 2021

Technically speaking, if the building has more than four units, then it qualifies as a commercial property. Of course, commercial real estate differs from residential real estate and we’ll only be covering residential real estate in this article. If it has more than four units it is deemed as commercial real estate.

Residential 98

Residential Investor Commercial Property Management 98

Norada Real Estate

AUGUST 25, 2022

San Diego's Housing Supply Is Constrained As New Construction of Homes is Quite Slow. The area offers excellent opportunities for infill development, including commercial, transit-oriented mixed-use along the main corridors, and view lots for single-family residential in the surrounding hills. of the neighborhoods in the U.S.

Construction 52

Construction Commercial Residential Investor 52

Marco Santarelli

DECEMBER 17, 2020

This has led to a spate of new construction for active adult communities. Large sections of downtown will be renovated and redeveloped to include new condos, retail and commercial space. It will be home to a new transit building, arena, and mixed-use developments. Richmond has crafted a 1.5

Marketing 116

Marketing Sales Investor MLS 116

Marco Santarelli

SEPTEMBER 5, 2020

Many variables could potentially impact the value of a home in Phoenix in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Suppose you buy a house to renovate and rent out. The Major Wave of Renovation in Downtown Phoenix. Renovation. The aging of the U.S.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Dwell Real Estate

JUNE 7, 2021

GREAT backyard that is enclosed with a BRAND NEW FENCE with enough room for an outdoor entertainment area or additional storage. This home has been TOTALLY RENOVATED by the owner and includes upgrades perfectly fit for a first-time homebuyer or growing family. If you are looking for the perfect starter or family home, look no further.

Design 40

Design Branding As-is Closing 40

Marco Santarelli

SEPTEMBER 21, 2020

San Diego's Housing Supply Is Constrained As New Construction of Homes is Quite Slow. However, construction in San Diego has stalled. Single-family residential construction is well below the demand for such homes in the San Diego housing market. San Diego is a growing housing market.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

JULY 24, 2020

New construction permits in all cities often lag due to community resistance which blocks new housing. This proposition by Google will add thousands of new homes to the Bay Area real estate market over the next ten years. This will allow for 15,000 new homes at all income levels in the Bay area.

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

JULY 29, 2020

For Tenants: House Bill 4213 statutorily extends bans on both commercial and residential evictions for three months, until September 30, 2020. Many variables could potentially impact the value of a home in Portland in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing 127

Marketing Investor Sales As-is 127

Marco Santarelli

JULY 30, 2020

Many variables could potentially impact the value of a home in LA in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. West Hills is a residential and commercial neighborhood in the western San Fernando Valley region of the City of Los Angeles, California.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

APRIL 29, 2021

If you know of industrial or commercial properties near major employers they may need to convert to employee housing, you could buy now and hold until it sells. San Jose is meeting demand by authorizing the construction of new micro-apartments and renovation of existing structures to create micro-apartments.

Marketing 127

Marketing Investor Residential Sales 127

HomeLight

JANUARY 28, 2022

Any renovations and upgrades. Location also includes factors like busy roads, nearby commercial property or railroads, parks, retail, and other attractions or detractions. An updated kitchen, renovated bathrooms, and professional landscaping all can drive the price of a home and should be accounted for in a good CMA.

Marketing 104

Marketing Renovation Agents New Construction 104