Are you trying to increase the appraisal value of your home? If so, you’re not alone. Many homeowners are looking for ways to increase the value of their homes to get a better return on investment. This blog post will discuss some of the best ways to increase your home’s appraisal value.
What is An Appraisal?
An appraisal is an estimate of a property’s value. Appraisers look at many different factors when appraising a property, including the home’s condition, location, and recent comparable sales. The appraised value determines the loan amount for a mortgage or home equity loan and the property taxes owed.
What Does A Home Appraiser Look For?
A home appraiser looks at your house stripped of all your personal items. They care about the house that the new buyer will be moving into, not the home that you’ve created there. The appraiser looks at the house’s bones to determine the value.
They will look at both the interior and exterior of your house. The appraiser will also look at the land that your home is built on. They’ll consider the size of the lot, its location, and any environmental factors that could affect the value of your property. They will also inspect the foundation, siding, exterior paint, and any amenities, including swimming pools, landscaping, and sprinkler systems.
Ways to Increase the Appraisal Value of Your Home
Before you start making improvements to your home, it’s important to consult with a professional appraiser. They will be able to tell you what improvements are likely to increase the value of your home and which ones are not worth the investment.
Improve Your Curb Appeal
The first thing an appraiser will see is your home’s exterior. You want to make sure that your house looks welcoming and inviting. First impressions matter, so make sure that your yard is well-maintained. Cut the grass, trim the hedges, and plant some flowers. If you have a deck or patio, make sure it is clean and in good repair. Pressure wash your siding and repaint any areas that are chipped or faded.
Create the Right Atmosphere
The appraiser will also go inside your home. Again, you want to make sure that the house looks clean and inviting. declutter every room and depersonalize your space by removing family photos and personal items. You should also make any necessary repairs, such as fixing holes in the walls or repairing broken appliances.
Look at Your Home’s Exterior
The appraiser will also look at your home’s exterior to determine its value. Make sure that your gutters are clean and in good repair. Inspect your roof for any damage and have it repaired if necessary. If you have a garage, make sure it is clean and organized.
Document the Upgrades You’ve Made
If you’ve made any upgrades to your home, make sure you have documentation to back it up. This could include receipts, permits, or warranties. The appraiser will use this documentation to increase the value of your home.
Deep Clean Your Home
You want your home to look its best when the appraiser comes to visit. This means taking the time to do a deep clean of your entire house. Wash the windows, scrub the floors, and dust all surfaces. A clean house will make a good impression on the appraiser and could increase the value of your home.
Fix Small Imperfections
You don’t want the appraiser to see any small imperfections in your home. Take the time to fix any chips in the paint, repair any broken fixtures, and tighten any loose screws. These small details could make a big difference in the appraisal value of your home.
Get a Home Inspection
If you’re really serious about increasing the appraisal value of your home, you should get a home inspection. A home inspector will look for any major problems with your house that could lower its value. This includes things like water damage, structural problems, and electrical issues. Getting a home inspection before the appraiser comes can help you avoid any surprises.
Making even small improvements to your home can increase its appraisal value. By following these tips, you can ensure that your home is appraised at its highest possible value.
Are you Trying to Increase the Appraisal Value of Your Home?
During the home buying and selling process there will come a point where your house has to be appraised. And if you are trying to increase the appraisal value of your home, I’m happy to help and provide any guidance I can. With my extensive knowledge of the real estate market, I know what buyers in your area are looking for and what they are willing to pay, so I am well versed in how to increase the value of your home! Contact me today for more information about how I can help you on your home buying or selling journey!