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Home Value | Interesting Facts Blog

Thursday, January 29, 2026   /   by Lorena Misar

What to Know About Home Inspections

Whether you’re buying or selling a home, understanding home inspections can make a big difference in your experience—and your wallet. Here’s a breakdown of what you should know.
1. Inspections aren’t always requiredHome inspections are generally encouraged for buyers, but they’re not mandatory. In a competitive market, some buyers choose to waive inspections to make their offer more appealing. While this can help you win a bidding war, it also comes with risk—uncovered issues could lead to costly repairs down the line.
2. Inspection results can affect the dealIf an inspector finds problems, buyers may ask the seller to make repairs or offer a lower price to account for the issues. Inspection contingencies give buyers the option to negotiate or even back out of the deal without losing their earnest money, depending on the findings.
3. Buyers typically pay for inspectionsHome inspection costs vary, usually ranging between $250 and $500, depending ...

  greg doohen realty group, home value, home search, home inspection, firsttimehomebuyer, realestate, sellers, tenants

Monday, March 4, 2024   /   by Greg Doohen

The Essential Guide to Home Renovation: Creating Your Dream Home

Remodeling a home is exciting yet scary. Transforming your house involves careful planning, creativity, and perseverance, whether you want to boost its value, utility, or individuality. This compact guide covers the essentials of home remodeling, providing advice to help you confidently navigate this transforming process.
Setting Vision and Goals Any successful renovation project starts with a clear vision and measurable goals. Are you remodeling your kitchen for modernization and functionality? Or are you considering an addition for your growing family? Understanding your goals can help you make project decisions and communicate with contractors and designers.
Budgeting Smartly Budgeting for house improvement is difficult. Rapid cost increases and unanticipated costs are prevalent. Establish a realistic budget early on and incorporate a contingency reserve for unexpected needs to reduce financial hardship. Compare material and labor prices to make educated decisions and save mone ...

  greg doohen realty group, home value, home inspection, home search, kitchen updates, firsttimehomebuyer, realestate, remodel

Monday, February 5, 2024   /   by Greg Doohen

The Journey to Homeownership: A Guide for First-Time Buyers

Purchasing your first home is an exciting and intimidating experience. In addition to being a substantial financial investment, real estate signifies a tremendous personal accomplishment. First-time homebuyers may find the procedure intimidating and complicated. Nonetheless, negotiating the real estate market may be a fulfilling process if you have the appropriate planning and understanding. This manual seeks to demystify the procedure and offer helpful guidance to anyone wishing to begin their journey toward homeownership.

Prepare your finances first

Sound financial planning is the cornerstone of a successful property purchase. Assessing your financial situation should be your first step. Look up your credit score, estimate your funds for a down payment, and plan your monthly mortgage payments. A large down payment can lower your loan amount and future financial strain, while a high credit score can help you get better interest rates. In order to know how much you can spend and ! ...

  greg doohen realty group, home value, home inspection, home search, kitchen updates, firsttimehomebuyer

Monday, January 29, 2024   /   by Greg Doohen

Seizing the Market's Silver Lining: An Unmissable Opportunity for Buyers

The real estate market has been volatile recently, creating a situation that can appear adverse at first glance. A closer look, however, reveals a fantastic opportunity for would-be homeowners. We at Greg Doohen Realty Group are no strangers to the market's ups and downs, and the present situation is no different. A silver lining remains for people wishing to invest in a property despite the fact that rising borrowing rates and lesser inventory have reduced the buyer pool.


Due to the current state of the market, sellers are feeling a greater sense of urgency and are more open to bargaining. An astonishing 88% of the properties we've closed on this year have had some sort of buyer incentive, be it a price reduction, a rate buydown, or some other concession. The tide has turned in favor of purchasers, and this is a telling sign of the market's new equilibrium.





In addition, purchasers are in a better position to bargain for lower prices on inspection-related costs. Most re ...

  greg doohen realty group, home value, home search

Greg Doohen Realty Group | Keller Williams Realty Sioux Falls
Greg Doohen
6300 South Connie Ave
Sioux Falls, SD 57108
605-728-2383

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