As a homeowner, you probably know that first impressions are important. But did you know they can also be critical when it comes to your home’s value?
That is because when you go to sell your house, one of the key steps in the process is getting an appraisal. And believe it or not, appraisers are trained to notice things that even the most detail-oriented homeowners might miss.
So, what does a home appraiser look for exactly during a home inspection? Read on to find out.
Your Home’s Exterior and Interior Condition
Appraisers will closely inspect your home from the inside out during the appraisal. Starting with the exterior of your property, they will be looking for any signs of damage to the roof, windows, and doors. Moving indoors, appraisers will also focus on the floors, walls, ceilings, and all areas that could potentially impact the value of your property.
Areas such as these highlight improvements or repairs you may have made since taking ownership of your home, which could influence its resale value in a positive way. Appraisers take all this into consideration and document it during their evaluation process.
Damage or Repairs That Are Needed
An appraiser will also take detailed notes on everything they view during the inspection. This includes noting any minor or major damage or deferred maintenance that could be indicative of potential issues in the future.
They will make sure to observe any structural repairs that are already underway, as well as take note of areas that might require more attention in order to bring the property up to current market standards. The overall health and appearance of the home are important factors for them to consider when assessing its value, so no detail will go unnoticed.
Home Size and Number of Rooms and Bathrooms
A home appraisal is a thorough process, with appraisers looking at many details. One of the most important aspects they evaluate is the size of your house and lot, as well as what is inside.
This includes counting up the number of total rooms, along with how many bathrooms are included.
The appraiser will note these details so they have an accurate picture of what the property offers. All this information helps them gain a better understanding of your home’s value in comparison to other homes in the neighborhood.
The Amenities in Your Neighborhood
A home’s value depends on several factors, including the amenities in the surrounding neighborhood. Good schools, low crime rates, plenty of local recreational activities, and proximity to shopping, restaurants, and other conveniences influence an appraiser’s opinion of your home’s worth.
Don’t forget to highlight any nearby parks or natural landscapes that add beauty and relaxation to your area. These remarkable features can make or break a potential buyer’s decision. In short, when considering the market value of your home don’t discount its location.
Make Sure Everything Is Clean and in Good Condition
Preparing for a home appraisal may seem overwhelming, but if you keep a few key details in mind it can be manageable. Appraisers not only look at the physical condition of the home, such as necessary repairs and general upkeep, but they also take into account clutter and cleanliness. A room that looks tidy and orderly is more likely to yield a higher value than one with items in disarray.
Having an organized space may even lead to taking advantage of unused square footage. So if you’re looking to get the most out of your appraisal, make sure all your repairs are addressed, declutter your area, and leave everything looking spic-and-span; your wallet will thank you later!
Bottom Line
Keep in mind that the appraiser is looking at your home from a purely financial perspective. They’re not considering sentimental value, so don’t be too disappointed if your home doesn’t appraise for as much as you think it’s worth. However, there are some things you can do to increase your chances of getting a higher appraisal.
Be sure to address any necessary repairs, declutter your space, and make sure everything is clean and in good condition. By taking these steps, you’ll give the appraiser a positive impression of your home and its value.
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