What Should I Do to Improve My Home Appraisal Value?
Getting a professional appraisal is a vital part of the home buying and selling process.
While making cosmetic changes like new flooring and a fresh coat of paint may increase your home’s resale value, it may not affect the actual appraisal.
Keep reading to discover how you can improve your home appraisal value before putting your property up for sale on the housing market.
Start with the Curb Appeal
The first step in improving your home appraisal value is to work on enhancing its curb appeal. This is what the appraiser, real estate agents, and potential buyers will see first, so it’s important to make a good first impression. Hire the best home inspector in your area to perform an assessment beforehand in case you need to make any changes.
Elevate your curb appeal by cleaning up the landscaping and cutting dead tree limbs, removing weeds, and reseeding your lawn. If your home needs a fresh coat of paint on the outside, this is a good time to get that done, too. Look for any damage to the exterior of your home and get it repaired before the appraisal takes place.
Home Appraisal Value: Document Your Upgrades
Maybe you’ve recently had a new roof installed or perhaps you updated the home’s HVAC system. if you’ve made any type of upgrades to your property, be sure to keep a record of them and present them to the appraiser.
If an appraiser knows that you’ve done some recent major improvements to the home, it could have an impact on the overall appraised value. A smart homeowner knows that keeping these essential upgrades on file can be of benefit later. The more information you can provide to the appraiser, the better the odds are that your final value will be higher.
Show the Appraiser Some Recent Comps
A list of comps or comparables includes a few different homes that have sold near you within a few recent months. The homes should be similar in size in terms of square footage and the number of bedrooms and bathrooms. This information can often determine the value of your home in relation to the current supply and demand of your local real estate market.
Most appraisers will already have easy access to this information, but it can’t hurt for you to try to get a list together yourself in case there is any dispute. If you want to skip the appraisal altogether, consider selling your home as-is or to a cash buyer. You can find out more about the process at www.1800SellNow.com.
Make the Most of Your Home Value
While these tips aren’t a guarantee that your home appraisal value will be higher, they can certainly help to improve your odds. Remember to pay attention to things like curb appeal and keep track of major improvements before putting your home on the market.
For more great tips for real estate realtors, home buyers, and FSBO, visit our website today.