Residential valuation is necessary, especially if you are planning on putting your property up for lease or for sale. But before you call a property valuation firm and invite them over to appraise your property, you need first to prepare your property to increase the value of your home.
If you are in the process of appraising your property, here are some tips to help you prepare your home and get the highest possible value for your space:
- Scan your property beforehand
One way to detect what should be done to increase your home’s value is to do a thorough inspection. You need to go from room to room to check what possible improvements you can do to make the each space look amazing to the valuation personnel and potential buyers. But aside from improving the visual impact of the space, you also need to check each room for hidden damages. There might be some damages that cannot be seen in plain sight.
- Renovate and revamp
Once you are done listing down the improvements and repairs that you need to do, you may now proceed with the renovation process. It would be best to take before and after photos of the place so you will have visual references to show when the appraiser checked the space. Also, take note of the changes you are going to implement so when the appraiser asked for it, you will be able to walk him/her through of the renovation that you did.
- Do not forget home safety
Apart from improving the aesthetics of the space, you also need to update the safety features of your property. Potential buyers are not just looking for a well-designed space, they are also looking a safety haven where they can live in peace. Be sure to update the locks, install monitoring cameras, and safe-proof your home for accident-prevention. Appraiser would definitely take note of these changes to increase the value of your property.
- Do not forget your exterior
Some homeowners are too focused on beautifying the interior that they totally forgot the exterior of their homes. You need to remember that the appraiser will include every inch of the property on their appraisal. So be sure to spruce up your exterior and make the necessary changes to update this part of your property.
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