A real estate appraisal is very common if you are looking to sell or buy a property. It refers to determining the value of a property which is done by a professional real estate agent, allowing you to set a price on the market. If you are looking to sell your property you may want to invest in the appraisal value so that you are able to get a quality price on the market. To get an estimate of your property’s appraised value you should look for a real estate agent or a professional appraiser to properly determine the appraisal value. Here are some of the ways that can help you improve the appraisal value of your property.
1. Improve Your Curb Appeal
Curb appeal refers to the quality and appearance of the front of your property. Although the first expression is not the last expression, it can impact the price of your property on the market, hence making it a great place to start. Preparing the yard with a well-kept grass field and potted plants if aesthetically pleasing, can greatly improve value. Next, you can move onto the house itself, fixing and furnishing the porch with new flooring and paint if needed can help boost the value. Additionally, you can add extra decoration such as hanging lights or installing fences, cleaning up the sidewalk, or getting rid of the garbage. All of this can help boost the appraisal value and wow the potential buyers.
2. Creating a special interior
Giving more empty space inside the house can actually help with improving its appraisal value. You want your appraiser to go around your property and easily scope out the place. You want to put less as possible inside your house as having too much might make it seem claustrophobic or there is less space than really is. If possible invest in appropriate wallpaper or paint to go with your property which will only add value and make it more likely that someone would buy it. Although a professional appraiser will not be deterred by a fresh coat of paint but will take the atmosphere into consideration.
3. Deep Cleaning
After all the renovations are done, you should consider a deep cleaning of your property. New paint or dishwasher can go not so far if the floor is covered with dust or grime, this can also include any mold or fungal infestation underneath the floorboard or inside the walls. Many appraisers usually ignore any aesthetic improvements such as paint or polish, as the functionality of the house adds more to the appraisal value.
4. Keeping Documentation
This is something that you should consider for the end as making a proper list of all the improvements you have done can make the appraisal process that much easier. This can include the improvement from when first brought the property and the ones you made when decided to sell it. These improvements can small as installing a new stove or fixing a pumping issue in the attic. Keeping the track of costs can help to estimate a proper appraisal value of your property.