Whether you want to sell your home or refinance your mortgage, a home appraisal is a crucial part of both processes. An appraiser will check the condition of your home and the value of comparable properties recently sold in the area to determine its current value.
A low appraisal value means you might sell at a loss or not be able to finance at all. The good news is that you can improve your home’s appraisal value in Fort Wayne. From a kitchen remodel by Serenity Kitchen and Bath to curb appeal, there are plenty of things you can do.
Here are some of the most effective ways to improve your home’s appraisal value.
1. Improve curb appeal
An appraiser will start taking notes from the moment you reach your front yard. No matter how good the interior of your home is, don’t leave the yard in a terrible state. Investing in professional cleanups and landscaping might be worth a lot.
2. Remodel the kitchen
A kitchen remodel might go a long way toward improving your home’s appraisal value. Take a cue from showrooms and professional kitchen stagers, who remodel property to make them fit for display. Ensure the plumbing is done correctly and the cabinets are in good shape before your appraiser walks in.
3. Plan your remodel
Whether you’ve just bought the house or have been living in it for some time, having a plan is crucial when it comes to remodeling. Planned remodels are always better than impulse upgrades.
Tackle each room at a time and take note of new technologies that could improve them. Prepare a budget in advance to avoid spending more than you can afford.
You should do as much as you can to improve your home’s appraisal value. While at it, ensure that you don’t over-invest in renovations because it will be hard to recoup your investment.