What is an Appraisal?
An appraisal is a written estimate of a property's market value, completed by an appraiser. This objective third party will give their professional opinion of the market value of a home.
What Does an Appraiser Look For?
- General condition of the home
- Size of the home and the property
- Location of the home
- Number of bathrooms and bedrooms
- Upgrades or remodeled areas
- Architectural features such as fireplaces
- Materials used for countertops, floors, etc.
- Outdoor amenities like a pool, gazebo, etc.
- Type of appliances such as a gas vs electric stovetop
- Functionality and layout of the home
- Exterior of the home and materials used
- Condition of yard
What Can I Expect During my San Diego Appraisal?
The appraiser may tour the neighborhood after they view your property. You can walk around with the appraiser while they are atyour home to answer any questions he or she may have. They only last about 15-20 minutes. They may take photos along the way.
The appraiser will likely take an exterior measurement of your home. Feel free to speak up and give the appraiser a list of improvements you've made or information about the neighborhood that they may not already know about. He or she will likely not inspect appliances to see they work. Remember, appraisers are not contractors.
How Should I Prepare for a San Diego Appraisal?
- Make sure all the maintenance or repairs you can do are done
- Box up clutter and put it in storage
- Tidy up the yard
- Make any improvements before the appraisal
- Keep records of all maintenance and upgrades to show the appraiser
- Throughly clean it so it looks almost new
- Keep pets locked up during the appraisal
- Go neutral and minimal with paint colors and decor
- Light a candle to emphasize that there are no oder issues