Preparing for a home appraisal is a crucial step when selling or refinancing your home. The appraisal will determine your home’s market value, which can impact the sale price or loan amount you receive. To ensure your home is appraised at its best value, follow these key steps:
1. Schedule the Appraisal Early
One of the first things you should do is schedule your appraisal as soon as possible. Appraisers can be busy, and delays can push back your entire process. By booking early, you give yourself plenty of time to prepare and address any issues that may arise.
2. Involve Your Real Estate Agent
Your real estate agent can be a valuable ally during the appraisal process. See if they can attend the appraisal with you. They can provide insights on comparable properties, recent upgrades, and answer any questions the appraiser might have. Their presence can help ensure that your home is appraised fairly and accurately.
3. Document All Upgrades and Improvements
Appraisers will consider any upgrades or improvements you’ve made to your home, but they won’t know about them unless you tell them. Make a detailed list of all the changes you’ve made, such as new appliances, renovations, or energy-efficient upgrades. Provide this list to the appraiser so they can factor these into their assessment.
4. Clean Up Your Yard
Curb appeal matters! A well-maintained yard can positively influence your home’s value. Mow the lawn, trim the bushes, and remove any clutter or debris. A tidy, attractive exterior sets the tone for the rest of the appraisal and can leave a strong first impression.
5. Clean and Declutter Your Home
A clean, organized home shows better and can positively impact the appraisal. Take the time to thoroughly clean every room, including often-overlooked areas like baseboards and windows. Declutter countertops, shelves, and other surfaces to create a more spacious and inviting atmosphere. While cleanliness doesn’t directly increase your home’s value, it can help the appraiser see your home in the best possible light.
Remember to schedule your appraisal early, involve your real estate agent, document upgrades, tidy up your yard, and clean your home thoroughly. With proper preparation, you’ll be on your way to a successful appraisal and a smooth real estate transaction.
