What do Appraisers Look for When Appraising a Las Vegas Home?

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What do Appraisers Look for When Appraising a Las Vegas Home?

Any Las Vegas property management company, real estate agency or homeowner that wants to put a home up for sale will need to have the property appraised beforehand. The appraisal will determine not only the value of the home but also have a big impact on how much money can be made from the sale of the home. Following are some important factors to consider when preparing the home for the appraiser’s visit.

Fix the Yard

ABC News recently noted that many appraisers will dramatically reduce the value of the home if the back and/or front yard is overgrown, cluttered and obviously unkempt. Before having the home appraised, be sure to cut the grass, throw out trash and even plant a few flowers so that the area is inviting and good looking.

Get Rid of Clutter

A Las Vegas real estate agency will not usually care if there is clutter in the house; however, the appraiser is likely to reduce the home’s value based on interior appearance alone. Besides looking ugly, clutter also gives an appraiser the impression that the home has not been properly cared for and so may be prone to pest problems.

Check the Structure

A Las Vegas broker agency or real estate agent selling a home should check the structure for cracks, holes and other gaps. Structural damage will dramatically reduce the home’s value; thankfully, such damage can often be fixed quite easily. Once the damage has been repaired, be sure to paint the walls, as it helps to beautify the home and make it more attractive to appraisers and buyers alike.

List New Amenities

If you have installed new amenities in the home, these should be listed for the appraiser’s consideration. New amenities always add value to the home and even something as simple as replacing kitchen faucets or installing a new bathroom vanity can dramatically increase the home’s value.

Fox News notes that kitchen and bathroom renovations tend to have more of an impact on the home’s value than improvements made to other rooms of the house. In fact, it is advisable to avoid costly improvements and instead focus on small issues such as making sure the kitchen has ample work space, providing proper ventilation to the bathroom and ensuring that both rooms have good lighting.

The average homeowner may not have a lot of money to invest in a home that is being put up for sale; however, it is often small things that either increase or decrease the value of the home. Mowing the grass, tidying up the yard, getting rid of clutter and making small, inexpensive renovations can have a big impact on the value of the home. If you are trying to sell a home quickly and for a good price, consider the tips outlined above and see what you can do to increase your home’s value before inviting an appraiser over to put an official price estimate on the home’s value.

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