While there are a lot of steps involved in selling a house, the home appraisal is one task that can feel overwhelming or even a little frightening. During a home appraisal, your home is thoroughly examined to determine its value.
If a home's value falls short, it can cause your sale to fall through or reduce the amount of money that you receive for your home. Our real estate agents suggest following these pointers to make sure your home is ready for its appraisal.
- Clean Every Space in Your Home
Making sure that every inch of your home is clean is one of the simplest things you can do to help your home appraise for as much money as possible. A clean home looks better and gives the appearance of a well-maintained property.
Plan on doing a deep cleaning a couple of weeks before you add your home to the list of Lewisburg homes for sale. On the day of the appraisal, you can do a shorter cleaning session to make sure everything looks its best.
- Complete Any Projects That Will Cost $500 or Less
It can be hard to decide what projects to complete to maximize your home's value. A general rule is to tackle any projects that will cost $500 or less to fix.
Otherwise, even small issues that you can fix for less than $100 can lower your home's value by thousands of dollars.
- Make Sure That All Home Maintenance is Up-to-Date
Home maintenance isn't negotiable when it's time for your property's appraisal; homes that appear well-maintained tend to appraise for more money.
Check that all plumbing, HVAC, and electrical systems are working properly, along with your appliances and safety alarms.
- Replace Anything That's Obviously Out-of-Date
While your home doesn't need to embrace all the latest home decor trends, you should replace any elements that appear old, worn-out, or notably dated.
For example, if your kitchen has a linoleum floor from the 70s, this needs to be replaced. However, more classic flooring, like tile or even a modern linoleum, is usually okay.
When in doubt, ask your real estate agent for their recommendation. They know what home appraisers are looking for when calculating your home's value.
- See That the Appraiser Knows About Any Improvements You've Made
Let your home appraiser know about any upgrades you've made to your home, like new flooring, a new roof, or exterior upgrades, so that the appraisal is sure to reflect these upgrades.
One way to do this is to create a single-page document with a list of the home improvements that have been made over the last decade. You can also include information about materials used for the project and permits and warranties for the work.
Make sure to include functional and aesthetic improvements to ensure that your home's value is properly reflected in the appraisal.
An appraisal won't feel nearly as daunting if you follow a few tips to help you properly prepare your home for the appraisal. Ready to list your property for sale? Contact us to get started!