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What to Expect During a Denver Real Estate Appraisal

August 2, 2017

So you are ready to put your house on the market! It is an exciting time for home buyers making it a great time to put your house up for sale. One of the first steps you will take is having your home appraised. This is important for you to know your home’s worth and is also great for future buyers as they consider your home. Upon having your home appraised, you might learn about ways to increase its value in inexpensive ways that can lead to long term gains. Learn more about the Denver real estate appraisal process, what to expect and ways you can increase the value of your home.

About the appraisal process

The home appraisal is completed by an appraiser who will inspect your home to define the amount it is worth. It is an important and required aspect of the home buying process to help lenders know the overall value. The value also factors in the area and location of your home as well, in addition to the property itself. It is an unbiased process and will be a point that you will work with your realtor on when putting a price on the home before it goes on the market. Appraisals can last up to an hour and will go through the overall condition of your home.

What to expect

In the weeks or months leading up to the home appraisal, you may want to work on making any fixes to the home that will increase value. Next, as you prepare to have your home appraised, you may need to provide the title to your property to show the appraiser. It is also helpful to have property tax statements handy, too. Your appraiser may ask if any work has been done to the hoe, so that is something you can share too. During the actual process, the appraiser will work on their own. Make sure your home is cleaned up enough so they have access to the entire place. They will not ding you based on your aesthetic choices, but it is helpful and will expedite the process if they can quickly access the different areas of the home. During the time your appraiser is reviewing your home, learn more about what to expect during a home appraisal from SF Gate.

Ways to increase your home value

As mentioned above, anything you can do prior to your home appraisal to raise its value is key. Keep in mind, you want to make smart investments that will provide a return upon receiving a sale. Do your own inspection and look for small things you can fix, from holes and dents in the walls to carpet stains. If you have different areas in the home, such as a bathroom or kitchen, that is extremely outdated, you can consider making upgrades or improvements that will increase the value. This is a great conversation to have with your realtor prior to making changes. Last, don’t neglect the exterior of your home. Make sure your landscaping is tidy and you can invest in a few new ways to boost curb appeal. This may also include fixing cracks in your driveway or sidewalk.

To get start on your home valuation process, work with the experts at Giving Back Group. We will help you get started so you can be prepared to get the most out of your home. When ready to sell, we have you covered. Call us today to see how we can help you at 303-881-4881