A Comprehensive Guide on Preparing for a Real Estate Appraisal Inspection

A real estate appraisal inspection is a crucial step in the appraisal process, as it is part of the fact-gathering phase for your property. To ensure a smooth onsite visit, it’s essential to adequately prepare your property for inspection. In this guide, we’ll walk you through the key steps to get ready for a real estate appraisal inspection.

Steps For Success

  • Clean and Declutter: Clean all rooms, remove clutter, and organize personal items. A clutter-free space allows the appraiser to focus on the features of your home without distractions.
  • Complete Necessary Repairs: Take care of any obvious repairs before the appraisal inspection. This includes fixing leaky faucets, repairing damaged flooring, and addressing any issues with doors or windows. Presenting a home in good condition can contribute to a higher appraised value.
  • Compile Documentation: Gather essential documents that provide information about your property. This may include recent utility bills, property tax records, renovation receipts, a floor plan or architect plans, and a list of improvements made to the home. Having these documents on hand can help support your home’s value during the appraisal process.
  • Highlight Improvements: If you’ve made significant improvements to your property, ensure the appraiser is aware of them. Create a list detailing renovations, upgrades, or additions, and provide documentation, such as invoices and permits. This information can ensure you will receive credit for improvements made which, positively impacts the appraised value of your property.
  • Provide a List of Comparable Sales: Research recent sales of comparable properties in your neighborhood. Compile a list of these properties, including their sale prices and key features. This information can be useful for the appraiser, offering a context for assessing the value of your home in relation to others in the area.
  • Enhance Curb Appeal: The exterior of your home is the first thing the appraiser will see. Boost your home’s curb appeal by maintaining the lawn, trimming bushes, and adding fresh mulch. A well-kept exterior suggests that the property is cared for and can positively influence the overall impression of your home.
  • Be Present During the Appraisal: While you don’t need to follow the appraiser around, being available to answer any questions they may have can be beneficial. Provide information about your property and point out its unique features that may not be apparent. However, avoid being overly involved, as the appraiser needs to maintain objectivity.

Preparing for a real estate appraisal inspection involves a combination of cleanliness, organization, documentation, and proactive communication. By investing time and effort into these preparations, you increase the likelihood of receiving an appraisal that accurately reflects the value of your home in the current market.

A professional appraiser in his office
Articles

What Does The Appraiser Do?

Buying a house, securing a loan, settling an estate – amidst life’s pivotal moments, a shadowy figure emerges: the appraiser. Their verdict, scrawled across an

Learn More »