Help the appraiser — and yourself. Learn how to maximize your home's value and get the price you deserve.
Provide your appraiser with any information or records that may help determine the proper market value for your home. Some examples include a property survey, mortgage, recent sales and listings in the area, the title policy, items remaining with the house and a "brag" sheet about the house. You should also provide the comparable listings and sales data from the CMA so it can be considered in the appraisal.
How many homes are for sale? How quickly are they selling? The number of buyers and homes on the market affects property values.
Single-industry economies, strikes, plant closings can negatively impact values. New plant openings and incoming corporations can have an uplifting effect.
Interest rates and availability of mortgage financing substantially impact housing prices. A high-balance assumable mortgage can enhance value.
School bonds, zoning changes, property reassessment, and taxes all impact housing prices.
Does your home have "curb appeal"? Is the street paved? Does it have a sidewalk? Public water and sewage or well and septic? These all matter to appraisers.
Get tips to boost curb appeal →Does the overall condition reflect pride of ownership? Floor plan, closet space, kitchen updates, quality of construction — all closely observed.
Get home staging advice →An appraisal isn't complete unless your property is compared with similar homes — both current listings and recent sales. Appraisers select at least three comparable properties for comparison, ideally in the general neighborhood, similar in size, style, and construction, sold within the last 3-4 months.
See Your Home's Comparable Sales →There are always circumstances where people believe their homes are worth more than established values. Remember:
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