The most frequently asked question we get from clients is, “How much do you think my house is worth?“
Whether our expert house appraisers assess a small one-unit in a suburban area or a mansion, clients never stop asking about actual, future, and rental property prices. These questions often stem from fears regarding dwindling property value and ROI.
The good news is that there are several convenient, low-cost ways to spruce up your home for an appraisal; let’s learn more about them:
Plant Some Greenery
According to a Michigan State University study, landscaping efforts enhance perceived home value by 5 to 11%. Curb appeal can also sell a home faster.
Planting lush green trees or a flower rail is the most impactful way to boost the aesthetic appeal of a home’s exterior.
Repainting Goes a Long Way
If you’re on a budget, don’t repaint the whole house. Go instead for an exterior repaint job or touch up minor flakes and cracks on the walls. Consider pressure washing the structure to remove any dirt and mold growth on the walls and windows.
Painting your home is cost-efficient, costing you around $25 per gallon.
Look for Disrepairs
Repairs and renovations are a subset of regular home maintenance. That’s why it’s paramount for a successful appraisal that you repair the broken roof you’ve been ignoring for months. Some other significant, value-adding repairs include fixing:
- Damaged drywalls
- Dented stucco
- Peeling paint
- Dingy mailbox
- Exposed sockets
- Leaky roof
- Blocked/clogged roof drainage
- Wall cracks
Bonus Tips: Some Value-Additive Upgrades for Your Home’s Interior
A Harvard’s Joint Center for Housing Studies report revealed that Americans spend more than USD $332 billion on remodeling projects. Does that mean they’ve found the key to acing home appraisals—remodeling and installation projects that increase ROI?
Many agents have reported a rise in home renovation projects as the pandemic drags on. But the key to getting it right is in knowing which upgrades increase your home’s sale value. Here’s what you should consider:
- Finishing your home’s basement
- Embrace asymmetrical floor design
- Add a stone veneer to your house front.
- Replace the old, dingy garage door
- Swap the fixtures in your bathroom and kitchens
- Install hardwood floors and staircases or polish current ones
- Increase natural light inside your home
- Re-do the roof
- Install energy-efficient appliances
Is Your Home Ready For an Appraisal? We’re Here to Help!
While the above home enhancement checklist will help you prepare for a visit, it’s a good idea to hire an experienced certified residential appraiser, too. At Torlai Appraisal Services, we offer an extensive range of real estate appraiser Lodi services and surrounding areas that help our clients with their FHA, IRS, Probate, Estate, and conventional appraisal needs.