Getting ready to sell your home or perhaps you’re hoping to refinance your current mortgage? Either way, you will be required to have your home appraised. The whole process can feel a bit stressful and like it’s all out of your control, but that’s not necessarily the case. There are steps you can take to help you get the maximum appraisal value for your home.
1. First impressions count
You may not think too much about your home’s curb appeal, but exteriors matter. If the exterior of your home is not clean, kept, and inviting, your appraiser is likely to automatically deduct thousands of dollars from your property value. Make sure the yard is tidy and the walls are clean. Looking for curb appeal tips? We have ideas to help you get started. Remember that the condition of your home’s exterior is likely an indicator of the condition of the interior.
2. Make the repairs you’ve been putting off
We’re all living busy lives and can all relate to having a list of home repairs that may be a few years old. No more procrastinating, now is the time to fix those minor repairs. Oil the hinges, replace the broken ceiling light, and fix the finicky toilet. Details matter, so even if you don’t mind living with a bedroom door that won’t stay shut, it should be fixed.
3. Invest in some cosmetic upgrades
Consider a fresh coat of paint (or at least touching up areas in need), replacing light switches and outlets, installing a smart thermostat (like Nest) and a video doorbell (like Ring), paint baseboards and window sills, install new faucets and shower heads, etc. These small upgrades will be worth the effort.
4. Deep clean
From top to bottom, inside and out, clean, clean, clean, and then clean some more. Don’t forget baseboards, blinds, curtain rods, and light fixtures.
5. Save your receipts
Document and save your receipts for any upgrades you make to your home.
6. Give the appraiser space
While you want to be engaged with your appraiser, don’t follow him or her too closely. Not allowing personal space sends a red flag that something is wrong with your property.
7. Mention neighborhood improvements
When meeting with your appraiser, tell them about any positive changes to the neighborhood. Is there a new park or grocery store nearby? These things add value to your home!
Do you have home appraisal tips to share? Join the conversation in the comment section below!