Five Areas That Can Hurt Your Home's Appraisal
Thursday, September 20, 2012 at 7:43PM
Judy in Loans & Mortgages, Seller Tips, Selling Your Home, about us, market analysis

 

When you're listing your home for sale, one of the things that is very vital is the appraisal. Yet, this is an area that can be significantly positively or negatively influenced by what you do or don't do to your home before it is appraised.

Knowing which areas to pay particular attention to can help you increase your home's value. Here are five areas that can hurt your appraisal.

  • Unkept exterior/interior

    Having a messy home from the outside in, not only can cause potential buyers to turn away from your home but it can also cause an appraiser to shave a little off your appraisal. If the exterior has lots of overgrown and unkept bushes and the house is dilapidated, this could cause the appraiser to take "as much as 3 percent off", according to CNNMoney.

    Curb appeal doesn't just help entice buyers to come in and see more of your home, it can actually increase your appraisal value. Also, If neighboring homes are meticulously kept up and yours isn't, this could cause your appraisal to be even more severely downgraded. A carefully maintained yard is a sign that the home is also likely kept up.

  • Trendy Remodels

    Remodeling can certainly add value to your home, especially if ....CLICK HERE TO READ MORE in my Monthly Newsletter

    Credit: Phoebe Chongchua

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    Article originally appeared on Fairfield County CT Real Estate & Homes for Sale in Easton, Fairfield, Norwalk, Trumbull & Westport, Connecticut (http://www.thectrealtyblog.com/).
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