The home appraisal process is an important step in a real estate transaction. It helps determine the value of your home. That is one of the reasons people do upgrades that add value to homes before listing their properties. So if you are planning to sell, it is important to note some of the things that can hurt your home appraisal. Here are some of them.
Outdated Bathrooms and Kitchens
Ever noticed how potential home buyers will always be drawn to the kitchen when they are checking out a house? It is considered the heart of a home, and it can either make or break a sale. The bathroom is also an important aspect that most buyers pay attention to. Most appraisal companies like Cooksey & Associates will advise clients to upgrade their bathrooms and kitchens if they are old, to protect the value of their homes.
A Roof in Poor Condition
Never delay roof repairs as they will become costly eventually. An appraiser will assess the condition of the roof, and if it is bad, the value of your home automatically goes down. If your roof has aged or is in need of repairs, schedule roof replacement or roof repair services immediately.
Poor Curb Appeal
The first thing that people see about your home is the exterior. Have you trimmed the bushes and trees? How about the walls? Do they need a fresh coat of paint? Tend to your landscape, ensure that the garage door works and that the shutters and front door look great. These may seem like minor things, but they can eventually hurt a home appraisal.
Damaged or Outdated Systems
Systems include electrical, heating and cooling, and plumbing. These things can hurt your home appraisal if they are damaged, outdated, or both.
There are things you might not be able to control in a home appraisal process, such as the neighborhood or the market conditions. But what you can control, such as the condition of your home, is address it so that you do not lower the value of your home.