When your home is on the market, lenders typically want to see a current appraisal—but for many homeowners, that’s a nail-biting, edge-of-your-seat experience.
While we all know our own homes, what will an appraiser see when he or she walks in? How will the appraiser judge its appearance, state of repair, and value?
The good news: if you’re prepared for the appraiser, you don’t need to lose any sleep.
But how do you ensure your home is ready for an appraisal?
How to Ensure Your Home is Ready for an Appraisal
Double-check all the maintenance around your home. Is there chipped paint? A stain on the carpet that you’ve covered with a rug? A loose tile in the bathroom?
The appraiser is going to look at how well your home is maintained, and everything that could use some work is going to chisel away at the value.
Other things to check:
- Make sure appliances are in good, working order
- Trim bushes and clean up flower beds
- Find and repair cracks in sidewalks and driveways
- Tidy up your yard
- Repair damaged or loose fence slats
- Check the roof for loose shingles
- Check your gutters for blockage, bowing or other damage
Does Cost = Value?
Cost doesn’t equal value.
What that means is that if you spent thousands of dollars on a master bath makeover, you may not recoup it all when you put your house on the market.
(It’s always a good idea to think about resale value when you’re making home improvements, and if you’re not sure—or if you’re thinking about making improvements just to sell—talk to your Realtor® to be certain you’re making the right choice.)
Are You Selling Your Home in Port Aransas or North Padre Island?
If you’re selling your home, we’d love to help you do so quickly and at the right price. We’ll be happy to give you a free comparative market analysis so you know exactly how much your home is worth. While you’re here, you can also download our free home-selling eBook and read our useful tips for selling your home faster.
When you’re ready, call us at 361-563-7788 or contact us online to find out how we can help you sell your home in Port Aransas or North Padre Island.