#increase property value

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"keywords": "\"Maximizing Your Property's Value: 10 Essential Home Improvements for 2024\"",

"datePublished": "2026-01-31T14:54:37.096071",

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Understanding your home equity is the crucial first step in determining your budget for your next move. With home prices increasing significantly over the past few years, many homeowners have more equity than they might realize.

Here’s what you need to know about cashing in on your investment and using that equity for your next home.

What Is Home Equity and How Much Do You Have?

Home equity is the difference between your home's current value and the remaining balance on your mortgage. For instance, if your home is valued at $400,000 and you owe $200,000, your equity stands at $200,000.

According to recent data from the Census and ATTOM, Americans currently hold substantial equity in their homes. More than two-thirds of homeowners have either fully paid off their mortgages or possess at least 50% equity in their properties.

Maximizing Your Home Sale Return

Homeowners today are seeing greater returns on their investments when selling their homes. With significant equity, you have a powerful asset to leverage for your next move.

What’s Next?

If you're considering selling your home, understanding your equity is crucial for assessing your sale and potential earnings. Collaborate with your real estate agent and consult a tax professional or financial advisor. This team of experts can provide personalized insights and guide you through the process.

Bottom Line

Home prices have gone up, which means your equity probably has too. Let’s connect so you can find out how much you have in your home and move forward confidently when you sell.

In today’s fast-paced and crowded world, finding a sense of seclusion can be a challenge. One’s garden should be a sanctuary, a place where you can relax and escape the outside world. One effective way to ensure this privacy is by planting privacy trees in your garden. These trees serve a practical function and also add beauty and value to your property. Here are some compelling reasons why you…

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Luxury Features that Could Drastically Improve Your Property

Luxury Features that Could Drastically Improve Your Property

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No matter where we live, we tend to have a set list of expectations that we expect our home to live up to. This isn’t all too surprising. No property is particularly cheap, and chances are that you will spend the majority of your working life and wages securing your place to live. But it’s extremely important to remember that…