Maximizing Property Value: Renovation Tips with Ashley Kehr
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In this riveting video, Ashley Kehr, the dynamic host of the Real Estate Rookie podcast, steps in for the legendary Dave Meyer on the BiggerPockets YouTube channel to tackle the burning question of maximizing property value through strategic renovations. With the adrenaline-pumping backdrop of a live-in flip project, Ashley delves into the nitty-gritty of refurbishments, emphasizing the critical role of big-ticket items like kitchens and bathrooms in turbocharging home value. As the engine of wisdom roars to life, she unravels the complexities of appraisals, shedding light on the artistry involved in deciphering property valuations and the game-changing impact of room counts and finishes on the final figure.
Buckle up as Ashley zooms through the twists and turns of the appraisal process, steering viewers towards victory by revealing the power of extra bedrooms, multiple bathrooms, and meticulous finishes in revving up property worth. With the precision of a seasoned race car driver, she navigates the treacherous terrain of property categorization and comparables, urging viewers to align their renovations with local market standards for a turbocharged appraisal outcome. The adrenaline peaks as she shares battle-tested strategies for disputing appraisals, empowering viewers to challenge valuation discrepancies and rev up their property's worth to pole position.
As the dust settles on this high-octane journey, Ashley leaves viewers with a roadmap to success, emphasizing the need to secure a recent appraisal, analyze line items like a seasoned pro, and prioritize key features such as AC installations and kitchen upgrades to revitalize property values. In a final lap of wisdom, she flags the importance of seeking guidance from expert loan officers and leveraging resources like BiggerPockets' lender finder tool to turbocharge refinancing strategies and surge ahead in the race towards property appraisal victory.
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Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
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