Whether you’re downsizing, moving to a newer home, or relocating to another part of the country, there are many reasons why you might want to sell your home. However, the process of selling involves the same steps for pretty much everyone. One of them is having your home appraised before you list it. Without knowing how much your home is worth, you can’t ask for the right market value, but getting your home ready for an appraisal inspection can take some work on its own.

Getting a home appraisal done is essential. Knowing the accurate market value lets you know how to price your home just right because:

  • Pricing too low can wind up costing you money
  • Pricing it too high might leave you without interest and sitting on the market for a long time
  • Pricing it just right can start a bidding war to your advantage

Some sellers even get two appraisals done. One gives them ideas for renovations to boost value, and the second appraisal gives them their new home value. In either case, consider the following steps to get your home prepared for your next appraisal inspection.

  1. Do It Early: The appraisal that determines a buyer’s lending power happens around a formal home inspection. Do your own appraisal early to get ahead of things.
  2. Handle Fast Fixes: Simple fixes can patch things up enough to prevent an inspector from thinking you didn’t maintain your home well.
  3. Clean Deeply: A clean home usually gets appraised for more money. An appraisal is really just an opinion, so make a good impression.
  4. Look at Comps: These determine home values around an area, so know how your home stacks up.
  5. Enhance Your Curb Appeal: How your home looks from the street matters. Upgrading the landscaping from typical to exquisite might boost your home value 15 percent.

One other thing to keep in mind is the so-called ‘$500 rule’. Basically, any ding an appraisal would make in their report will cost your home value $500. So, if you have any repairs you can make for less than $500, it’s an obvious way to boost your home value.

John Shramko