How to Increase a Home Appraisal | Renovations that Increase Your Home Value
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- čas přidán 21. 10. 2021
- Want to increase your appraisal? Want to add value to your home and get the best bang for your buck? If you are looking to sell your home, in this video I share what an appraiser will be looking at to determine the value of your home. If you want top dollar for your home on today's market, implement these secrets to a great sale. Selling a home can be stressful, but before you list your home, do these things and put your home on the market with confidence.
To check out my video on things to do before you sell your home, check out:
10 Things You Must Do BEFORE Selling Your Home • 10 Things You Must Do ...
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B4 our house was appraised we manicured the yard, pressure washed the pavement, siding, roof & gutters. Curb appeal! First impressions are important. Inside was decluttered, CLEAN, all preventative maintenance was complied with. Updated fixtures, rugs ; carpets steam cleaned. When the appraiser sees attention to detail & pride of ownership it will show & up your value!
Getting my home appraised soon and this video was valuable. Thank you :)
1). Curb appeal. Wear and tear. Cracks or holes.
2). Verify square footage. Room by room. Must have permits in place for renovations to have square footage.
3). Checking interior of home. No cracks in walls, condition of home in general. Fresh coat of paint helps. Light colors
4). Any improvements to home. Cost… invoices/ receipts
5). Features and Amenities.
Renovations to increase value of your home:
1) Update kitchen. Minor or major
2). Bathroom. Specifically the master bathroom.
3). Flooring. If dated, replace it.
4). Curb appeal. Invest in updates outside. Flowers, trees etc.
5). Sq. Footage. Add to it.
6). Bedrooms. More bedrooms add to value.
7). Paint walls.
Before we sold our home, we had most of it re-painted. We got multiple offers quickly after we put it on the market, and I'm pretty sure these efforts in prepping the home paid off. :)
Love that you saw your effort result in multiple offers!
As a first time home-buyer, I agree. However, the paint is good first impression but if other things such as electric & plumbing isn't taken care of, that is a bigger deal breaker.
For example, we saw a house where the paint was extremely outdated. However, all the systems were in good shape. We still put an offer on that one.
This video offers a comprehensive guide to increasing your home's appraisal value through strategic renovations. The host's knowledge and clear explanations of which upgrades yield the best returns make it a fantastic resource for homeowners seeking to maximize their property's worth. If you're looking to invest wisely in your home, this video is a valuable source of information.
It makes sense that you give them a list of your improvements because that's when you invested in renovating your home. I am interested in this topic
A list of improvements with dates upon arrival is VERY much appreciated by an appraiser!
Oh girl these are such cool tips!! Thks for sharing.
Thanks For Sharing This Amazing Video
This is very informative, thanks for sharing
it was very helpful, Thank you
Thanks for usefull tips,you are young but most experienced
Thanks for sharing. I'm refinancing and nervous as heck. 😳
Thank you for the great information!! What should we do if we have a room with obvious stains in the carpeting? Have outdated wallpaper but with decorative wood molding on the walls? A moss-green dining room (with wood picture-frame molding)? We are happy just living with these, but they might stick out negatively to a buyer!
If you don't plan to sell soon, you can leave it. However, I would consider removing the carpet and wallpaper since it sounds like that will not appeal to most buyers. You can leave the molding, but just consider fresh paint.
Awesome video! Super helpful!
Some questions:
What about pouring concrete underneath your deck and screening the underneath so you have 2 livable spaces. In the same footprint of the deck?
Also if I built a deck and got it permitted, since it would be registered with county do I get taxed more for this? If that is the case then is that really a good ROI over time since you are now perpetually paying taxes for it now?
You can expect a deck to increase your home value and in many cases sliglthy increase your property taxes. However, I think the change will be nominal especially, if you are talking about a home that you have homesteaded. There is a cap on how much your home can increase in taxes regardless of the improvements. If you have a screened in porch/outdoor area that can certainly add value too.
Hi beautiful, thank you for this video you share with us very informative.
Thanks for the tips, now I'm just wondering how I can afford a house 😅
You will get there!
Great video!
Question: I have a split bathroom on the main floor, meaning, there’s a shower and thru another door connected is a toilet and pedestal powder room. There’s no bedroom on the main floor, but there’s a full bathroom. So, what I want to know, we have a small pantry behind the wall with the shower. Would it be real estate suicide to get rid of the shower and make it a bigger pantry? There’s just no reason for the shower side, I use it as a craft closet😂 What do you think?
That depends are the homes around you working with 3 full baths? Are you in a 4/3 or something in line with the neighborhood?
What about true genuine wood flooring? Just keep it clean?
Real wood is a great feature when you want to sell. As long as you don’t mind some of the maintenance.
Seems appraisal are paper only (comparison) and not site visits or contact with seller. Have my appraisals been inadequate in the past homes?
Some actually do come out.