If you’re planning to put your home on the market, it’s important to know the appraisal value before you list it.
From home staging to getting market reports from your agent, there are a few things you can do that will boost the value of your home and get you a higher appraisal result.
Read on for five strategies that can help you get a higher appraisal and a bigger asking price for more profit in your pocket.
1. Freshen Up Your Space
A dirty, cluttered home certainly won’t impress your appraiser, nor will it impress potential buyers. Start by doing some simple home decluttering and touch-up areas of scuffed or missing paint to give your home a fresh, clean look. The cleaner and more open your home looks, the higher your appraisal value will likely be.
2. Consider Staging for Higher Appraisal Value
Professional home staging comes at a price, but it can certainly elevate the value and asking price of your home. If you’re planning to move out before you list your property, staging can make the house look immaculate and appealing to buyers. While this option might not give you a super-high appraisal number, it can definitely have an impact on how the appraiser sees the overall value.
3. Update Worn-Out Finishes
If your carpet is stained and worn out or your faucets are rusty and broken, it can have an impact on the home’s appraisal value. Unless you plan to sell my house for cash, you’ll want to do a few minor updates before you have the property appraised. Consider replacing outdated carpet with hardwood or laminate and change light fixtures and faucets to give the home a few updated touches.
4. Spend Money Where it Counts
Most savvy buyers are looking at the kitchen and bathrooms when they’re shopping for a new home. If you’re planning to do some upgrading, these two areas are where you should sink most of your money to get the best return. New flooring and kitchen countertops and a new bathtub or shower are easy, effective ways to be a smart homeowner who will get more money once the home hits the market.
5. Elevate Your Curb Appeal
The outside of your home is just as important as the inside, so make sure that it looks attractive before you get an appraisal. Your real estate agent can give you a housing market analysis so you can compare your house to others that have recently sold in your area. With a beautiful landscape and porch or patio, you’ll be able to attract more buyers and likely be able to ask for more money, too.
Get More From Your Investment
Consider these simple tips if you’re looking to get a higher appraisal value on your home. From the curb appeal to the carpet, it’s easy to get more with a little bit of effort and time.
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