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29 Mar

Need an Appraisal? Tips for Success.

General

Posted by: Karli Shih

Appraisal services help to pinpoint the market value of real estate.  The appraiser checks the general condition of your home and determines a comparable market value based on the sale information of other homes in your area.

Planning in advance of an appraiser’s visit can help you secure the best possible valuation of your property by keeping a few things in mind:

1) Clean Up:  A good rule of thumb is to treat the appraisal like an open house. Clean and declutter every room, vacuum, and scrub to ensure your home is as presentable and appealing as possible.

2) Curb Appeal: First impressions can have a huge impact when it comes to an appraisal. Spending time ensuring the outside of your property from your driveway entrance to front step is clean and welcoming can make a great difference.

3) Visibility: The appraiser must be able to see every room of the home. Take care of any issues with respect to accessing and being able to see everything in each area of your property to allow the appraiser full access.

4) Upgrades and Features: Ensuring the appraiser is aware of any upgrades and features can go a long way. Make a list and include everything from plumbing and electrical updates to new flooring and appliances etc.

5) Know Your Neighbourhood: Noting what similar homes in your neighbourhood have sold for will allow you to discuss examples from your area if you believe your property is worth more than the appraisal suggests.

Don’t hesitate to contact me if you have any questions about your existing home or mortgage, or if you are looking to sell and relocate in the future.  I’m always happy to help.

 

 

Adapted from DLC Marketing

Photo Credit: Andrea Davis on Unsplash