When buying or selling a house, the appraisal value plays a huge role. Appraisals help sellers determine the market price of their home. Additionally, buyers sometimes call in appraisers to assess a property before making an offer. According TalkToAl.Com, appraisers do not inspect the physical condition of the house. Instead, appraisers simply compare the overall features and amenities of the house with other similarly valued houses in the area. To maximize the appraisal value of your home, there are a few tips that every home seller should follow.
Make a list of any updates. Some home items are difficult to “date” simply by looking at them. According to TalkToAl.com, a home seller should always provide the appraiser with a list of updated items. If the furnace, air conditioner, appliances or other amenities are new, the appraiser may factor these new items into his overall estimate. Without a list of updates, however, some of these new items might be overlooked.
Fix cosmetic blemishes. While it is important to get your home’s physical structure up to code before selling, an appraiser will not be specifically looking for structural problems. Structural and functional issues can be addressed later on, prior to an inspection. If a major problem is obvious, you’ll need to fix it for the appraisal, but otherwise your primary concern will be cosmetics. Make sure you repaint any rooms with chipped or faded paint. Clean the carpets and the kitchen. When your home is in pristine condition, it will likely receive a higher appraisal value.
Update your fixtures, but don’t overspend. Small changes can make a big difference. Light switches, faucets and other nominal items can make your home seem dated. Newer fixtures are inexpensive but can help add to your appraisal value.
Attend to the exterior of the property. When preparing for an appraisal, some people focus entirely on the interior. However, power-washing the siding can help make the home look newer and cleaner. Additionally, a well-landscaped yard can make your home more comparable to high-value properties in the area.
Remove pets, litter boxes, chew toys and ashtrays before the appraisal. A few candles or some fresh-baked cookies can mask the smell of smoke and pet dander while an appraiser values your home, but visible signs of pets and cigarettes can clue the appraiser into potential odor issues, which might lower the value of your home.
Thinking Of Selling Your Home? Give us a call and find out how we get 2.7% over market value for your home. TalkToAl.Com – 727-418-1570