9 Tips to a Higher Home Appraisal

When buying, selling or refinancing, an appraisal is an often overlooked aspect of the transaction.  Appraisals are typically required to assess the property’s value to make sure that it is worth the contract price, and many a real estate transaction has gone awry due to the appraisal reflecting a market value that is too low.  This will prevent the buyer (or owner, in a refi) from receiving the financing necessary to complete the transaction.

While some think nothing can be done to improve the results of the appraisal, or simply do not anticipate this step in the process, there are things you can do to get the highest possible appraised value on your home to ensure your transaction will not be derailed by a low appraisal. Much like staging a home for showing to prospective buyers, you want to showcase your home in the best possible light to the appraiser when he/she shows up to do the appraisal.  Here are some tips to set your appraisal up for smooth sailing.

9 Tips for a Higher Home Appraisal

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13 CommentsLeave a comment

  • After 18 years as a Realtor this the best advice I have heard given to sellers! FINALLY someone has put this information out to the public! This is a great post and every Realtor needs a copy of it, so they can forward it to their sellers. I will be sending it to the Realtors I know in SC. Great Job Daniel!

  • Although this is included in your list under “insure all equipment is in working order.” Telling the seller not to disconnect the power before the appraisal is finished needs to be stressed. I experienced this twice last year. Once on a South Carolina Lake House at a home for sale near Columbia SC and again with a condo loan that was for sale in Greenwood SC. One of the appraisers did not charge the first time buyers in Greenwood SC for an updated appraisal (call back fee).
    Working with nice people is one of the perks as a lender in Greenwood SC. Thanks for the informative post, Jonathan.

  • Thanks for sharing these tips. Out of all of these, I would say that checking for cleanliness and safety are the top two priorities when prepping a house for appraisal. You want the house to look good, but it’s also important to make sure any safety measures put into place (detectors, alarms, locks) are all in working order as well.

  • These are some great tips, and I appreciate your advice to paint the walls using neutral colors to get more out of your appraisal. My husband and I are going to be selling our home, so we want to put it out on the market soon. We’re going to have it appraised so we know what its value is, and we want to make sure it’s in the best condition possible for that. There are a couple of spots in my house with scratched paint, and we’re going to be repainting those rooms, so we’ll definitely make sure to use neutral colors. Thanks for the great post!

  • Nice Post! It is very usefulinfo. I am gain information from this blog. Thanks for sharing this kind of information.

  • I’ve been discouraged to do anything to the house just to get a better appraisal. Conversations I’ve had made it seem like there were only small things I could do to increase my home’s value. Now that I’ve read this guide and seen some of the small things that can be done, I have hope again. I didn’t think that painting the walls would make a difference, but you say they will. Thank you for this guide!

  • I need to get my home appraised. Thanks for the information about how you should make sure that there is a carbon monoxide detector within 15 ft. of all bedrooms. Something else to do is to make sure that you’ve cleaned up and that everything new.

  • Thanks for the tip on checking for health or safety issues! I hadn’t thought to make sure all of the necessary detectors were installed, since it was built a long time ago and may not have been brought up to code. I’ll also check with local building codes to make sure I’m prepared for the home appraisal!

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