Phoenixville, Downingtown and Exton real estate and homes for sale in Pennsylvania - Michael and Christina Richter, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo

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He is one of the most patient, energetic, knowledgeable, and above all, persistent agents/persons I have ever met.
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  • Why Sellers Choose Michael and Christina Richter - Why home sellers in Phoenixville, Downingtown and Exton choose Michael and Christina Richter.

  • Free Presentation - Free in-home listings presentation on marketing your Phoenixville, Downingtown and Exton, in Chester County Pennsylvania property.

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  • What Did That Home Sell For? - What did that Phoenixville, Downingtown and Exton, Pennsylvania property or other real estate sell for?

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  • Go to Main Sitemap - Main sitemap sections include Find Phoenixville, Downingtown and Exton Homes, For Home Buyers, For Home Sellers, Phoenixville, Downingtown and Exton Information, Real Estate Resources, and About Michael and Christina Richter.

 

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Real Estate Tips
Pricing >Value Added Features

A recent study conducted by the National Center for Real Estate Research evaluated the features of a home based on what each contributes to the selling price.

According to the study, the feature that can most dramatically increase the value of a home is an additional full bathroom, upping the selling price by a remarkable 24 percent. Installing an extra half-bath can add 15 percent to the selling price. A garage, a fireplace and a central air conditioning unit each add a little more than 12 percent to the home's market value. A laundry room located on the main floor of the home increases its value by 15 percent, while a basement laundry room can potentially reduce the home's overall value. Homes with raised or vaulted ceilings sell for 6.2 percent more than identical homes with standard ceilings. Each extra bedroom increases the price by 4.1 percent. A family room adds 7.3 percent, and a dining room is worth 6.2 percent. A view of the water adds 7.8 percent, but a golf course view is better at 8.1 percent. A home built on the waterfront is worth 18 percent more than the same home in a landlocked location.

Every real estate market is different, so consult your real estate agent regarding the resale value of your home's special features.

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Real Estate Trivia
Q 
What does the term ARM stand for?

A 
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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Michael and Christina Richter, REALTOR®, real estate agent and broker for Phoenixville, Downingtown and Exton, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael and Christina Richter
Keller Williams Real Estate Bluebell

910 Harvest Drive
Suite 100
Blue Bell, PA 19422
Cell (perferred): 215-919-1445
Desk: 215-654-6069
Office: 215-646-2900
E-mail us at: Richter@KW.com

Real Estate License No.: RS300502 RS228955

Equal HousingMLSREALTOR


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