Sawyer Home And Land, LLC

Are You Ready to Conduct a House Appraisal?

by Karyl Sawyer 12/01/2019

A home appraisal enables a seller to learn about the value of his or her house relative to the current housing market. As such, an appraisal represents an important opportunity, particularly for a seller who wants to maximize the profits from his or her home sale.

Ultimately, it helps to plan ahead for a home appraisal. If you prepare for an appraisal, you can use the appraisal results to achieve your home selling goals in no time at all.

Let's take a look at three tips to help you get ready to perform a home appraisal.

1. Learn About Your Home's Strengths and Weaknesses

What you initially paid for your house is unlikely to match the current value of your residence. Fortunately, if you understand your house's strengths and weaknesses, you can prioritize home improvements and complete these upgrades. As a result, you may be able to boost your chances of receiving a favorable property valuation during a home appraisal.

Also, it may be beneficial to conduct a home inspection before you schedule an appraisal. That way, you can use the inspection results to determine which areas of your house need to be upgraded.

2. Assess the Housing Market

The present real estate sector will impact the valuation of your house. To establish realistic expectations for a home appraisal, it often helps to analyze the current housing market.

If homes are selling quickly, this likely indicates that a seller's market is in place. This market favors sellers and may enable you to receive plenty of offers if you establish a competitive price for your home.

Comparatively, if homes linger on the real estate market for many days, weeks or months, a buyer's market may be in place. In this market, you may need to set an aggressive price to help your residence stand out to potential buyers.

3. Consult with a Real Estate Agent

A home appraisal is an important part of the home selling journey. And if you collaborate with a real estate agent, you can work with a home selling expert who can help you maximize your property valuation during an appraisal.

With a real estate agent at your side, you can receive comprehensive support throughout the home selling journey. A real estate agent can put you in touch with the top home appraisers in your city or town. Furthermore, a real estate agent can help you determine how to price your house to ensure you can stir up significant interest in your residence.

A real estate agent also is happy to help you review any offers on your home. If you're unsure about whether to accept, reject or counter a homebuying proposal, a real estate agent can help you weigh the pros and cons of each option.

Ready to conduct a home appraisal? Use the aforementioned tips, and you can perform a home appraisal before you add your residence to the housing market.

About the Author
Author

Karyl Sawyer

 I grew up on a family farm just outside of Weiser, Idaho, then moved to Moscow to attend the University of Idaho and stayed for 33 years. I moved back to southern Idaho in 2016 and look forward to expanding my relationships down here. I hold a B.S. in Agricultural Economics, and a M.Ed. in Counseling and Human Services.

I am married to Charles (Buck) Sawyer, and as a blended family we have four adult children between us. We love to travel, bike, kayak and snowshoe while enjoying time with friends and family. We recently moved from Eagle to Wilderness Ranch just off Idaho State Highway 21. We feel fortunate to have experience across all of southwest Idaho.

I obtained my Idaho real estate license in 2003 and went to work at a boutique brokerage in Moscow. After 4  successful years, I along with 3  partners established RE/MAX Connections in Moscow in 2007. I bid farewell to them the end of 2016 and moved to Boise to join my husband and establish Sawyer Home and Land. Exciting times! It’s good to be home.....

Business Approach: As your Agent and Broker, my job is to assist you in achieving the goals of your transaction (price, timing, etc..). I will do my best to help you find the right property for you and your family as a Buyer, or present and market your property effectively as a Seller. I have expertise in negotiating the best price and terms, and guide the process and paperwork to a successful conclusion. Unlike many agents I do not represent both Buyer and Seller in the same transaction (dual agency, or double-ending). I cannot effectively give both parties the benefit of my experience if I try to represent both at the same time.

My listing fee is no more than 5%, and always negotiable. As a local full service brokerage, I provide excellent market presence and exposure through several forms of internet and print advertising, photography, signage, Intermountain Multiple Listing Service, and more. As a local Owner/Broker I can control and direct the marketing according to your needs rather than a national model.

Let my experience and dedication work for you!