Every year in the US, more than four million homes are sold. So if you’re in the market to sell then you should be able to find a buyer.
However, recent data suggests that your home’s value could drop by around 13%. This means that you will get a lot less than you paid for it.
Independent home appraisals help to determine the value of your property and are carried out before you put your home on the market. Preparing for a home appraisal properly will ensure that you get the best possible price for your property.
Not sure what you need to do to get your property ready for a home appraisal? Then you’re in the right place! Read on to find out our top five home appraisal tips.
1. Boost Your Curb Appeal
The ‘curb appeal‘ of your home is extremely important for independent appraisals and potential buyers. This is the impression that people get when they arrive at your home for the first time.
Lots of things can affect your curb appeal. This includes the state of the sidewalk outside your house and maintenance of any brickwork or paintwork. The appearance of your front yard is also important.
An overgrown yard and roof that is missing tiles will give off the impression that you haven’t been looking after your home. Because of this, an appraiser will immediately expect to find further issues inside. Overcoming this impression can be a challenge.
You can save yourself the challenge altogether by investing some time in brushing up appearance from outside. This includes touching up paintwork and sorting out your yard but tiny details can also make a big difference. For example, if curtains are visible from the street outside, make sure these are hanging neatly in your windows.
2. Sort Out Any Quick Fixes
Before getting a home appraisal, take the time to sort out any quick fixes and upgrades that your home needs. It is worth putting in a bit of time and money into this.
For example, replacing an outdated washer-dryer will increase the value of your home. Essentially, you want to take care of anything that would need sorting before the new buyer moves in.
The condition of your home will also create an impression of how well you have looked after it. Chipped paintwork and broken cabinet doors suggest that you haven’t invested time in looking after your home. An appraiser may take this as a sign that there are more problems beneath the surface.
Repainting cabinets, replacing dodgy hinges, and cleaning scuff marks off the walls will all increase your home’s value.
3. Carry Out a Deep Clean
An appraiser will find it a lot easier to carry out their job if your home is in mint condition. This can make them more inclined to value your house favorably.
When you do get a house appraisal, you can be sure that they will look over every inch of your house. So you can’t afford to just do a surface clean.
Purging your home of any unnecessary stuff before you do a deep clean can make the job a lot easier. This will also help you out further down the line as it’ll speed up your packing when you move out!
When cleaning, make sure to pay special attention to the carpets, bathrooms, and fixed features in your home, such as the oven. All of these things are likely to suffer from some wear and tear while you live in a property. Because of this, appraisers often inspect them to see what state the new buyer is going to receive them in.
4. Look at Similar Properties on the Market
If you aren’t sure where to start with preparing your home, one of the best home appraisal tips for sellers is to look at other properties on the market.
Look for properties that are in a similar neighborhood and are a similar size to yours. Then take a look at the state they are in and compare the prices of different properties. You will often find that those in mint condition fetch a lot more than homes that are rough around the edges.
This can be really helpful for getting inspiration into things you can do to improve the quality of your home. It may be that you need to update the decor in your home or that your backyard needs lots of attention. Whatever your home needs, taking the time to sort it now could make you a lot of money later.
5. Check Everything is Working
Home appraisal tips about cleaning and presenting your home nicely are all well and good. However, an appraiser won’t just look at your home, they’ll test things out. After all, having flashing appliances is great but if these don’t work they are essentially worthless.
An appraiser will look at everything in your home to make sure it is working. This includes testing:
- The lights and other electrics
- The toilets and plumbing system
- Any built-in appliances in the kitchen
- The washer-dryer
- Any air conditioning units
- The doorbell
- Any built-in sound systems
- Any built-in smart home systems
So now is the time to sort out that toilet that won’t stop running or the light switch that doesn’t seem to do anything.
It is a good idea to do your own inspection of your home and make a list of everything that needs doing. That way you have a full picture of what you need to work through.
Start Preparing for a Home Appraisal Today!
Preparing for a home appraisal can make all the difference when it comes to getting a good price for your home. Don’t skip this important step!
For more top tips on selling your home, get in touch with one of our team today. We’re here to help.