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If you’re selling your home, no matter what potential buyers agree to pay, determining value is a required aspect of real estate. Appraisers are knowledgeable in many household aspects, from maintenance to construction. This gives them the ability to assess market value appropriately, providing you with a final number. To ensure a result you’ll be pleased with, it’s important to know what they look for, so you can make any necessary tweaks and adjustments. 

What Your Real Estate Appraisers Is Checking 

1. Your Home’s Exterior

Whether it’s a rental property or a forever home, the exterior is the first aspect appraisers survey. Aside from curb appeal, they consider the long-term function and reliability of your structure. Did you recently get a roof replacement? Is your siding peeling off? Every component makes a difference, and they want to ensure these aren’t damaged. As a vital aspect of property management, if you’ve kept up with exterior maintenance and repairs, you’ve set yourself up for success.

2. Your Home’s Interior

real estate After the appraiser evaluates the outside of your home, it’s time to step inside. Regardless of how impressive your interior design skills are, the condition of your house is what matters. During a value assessment, the shape of your ceiling, flooring, walls, windows, and doors, as well as the HVAC, and plumbing systems are all evaluated. The space must function optimally, so if you haven’t put your home on the market yet, put these factors into perspective. Updated windows or a new plumbing system could result in a major value boost.

3. Your Home’s Size

Even a one-day rental property incorporates size in its value, so if you’re selling your home, square footage matters. The layout does too, as a smaller home could take on a spacious appearance with high ceilings and skylights. Buyers want the most for their money, so more bedrooms and bathrooms will cause the value to skyrocket. If one or all of these are a possible addition, make it happen. 

4. Your Own Improvements

If your home is 20 years old, its appliances are outdated. Keeping up with the modern is a major aspect of value, and appraisers are interested in the investments you’ve made. Renovated kitchens and bathrooms bump up value, as will any new appliances. A state-of-the-art kitchen is more likely to attract buyers, even in older homes. A renovation is key, so repair and replace whenever possible.

 

Classic Maui Properties in Pukalani, HI, has been the island’s go-to property management company for the past 40 years. From coordinating rentals to appraising lifelong homes, these real estate experts handle all the details of the process. The company stays up-to-date on the latest industry trends, passing that knowledge down to clients. Visit the website to learn more about their services, or call (808) 878-1001 today to speak with a representative.

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