Preparing For An Appraisal? Focus On These Projects!
An appraisal is an important part of the home selling process; you want your appraisal to accurately reflect your home’s value and your listing price. But if your home appraisal comes in lower than expected, it could cause issues with your home sale and put the deal at risk.
Which is why, as a Seller, you want to do everything you can to get your home ready for the appraisal. But what projects should you be focusing on?
A recent article from Forbes covered the home projects Sellers should tackle before their appraisal, including:
Curb appeal. You only get to make a first impression once—so your home’s curb appeal can go a long way in adding value and setting the tone for a great appraisal. Keep any trees, bushes, or shrubs pruned, make sure your grass is mowed and healthy, and, if you have the budget, consider adding flowers or other details to spruce up your outdoor space and add a pop of color.
Bathroom upgrades. Simple (and affordable!) bathroom upgrades, like repainting or updating fixtures, can have a major visual impact—and, as such, can have a major impact on your appraisal.
Kitchen cabinetry. New cabinets can completely change the look and feel of your kitchen—and, as such, can add serious value. Don’t have the budget for new cabinets? Swapping out the cabinet doors or refinishing the cabinets can create the same kind of impact (without the hefty price tag).
Bottom Line
There is no need to do an entire renovation on your house. Simply make sure that what you already have to work with shows in the best light possible. Just spending even a little time and money on things that will catch the eye and attention of an appraiser, should pay off. And, your real estate professional will be a great resource for you in helping you decide what, if any, projects you should tackle prior to the appraisal.
