Are you getting ready to sell your colonial property but you’re afraid you’re going to get ripped off by Connecticut real estate appraisers? That’s a concern that many homeowners face when preparing to open their home up to an appraiser to determine its value before they put it on the market. After all, the price they get from their home is going to play a huge role in their ability to move on with their future!
If you’re worried about getting ripped
off by a real estate appraiser, take the time to familiarize yourself with the
different aspects of a home appraisal and inspection. Find out what is going to
help you, what is going to hurt you, and in your area what those two things are
going to equal out to in terms of dollars and cents!
Ask your neighbors with similar properties in similar conditions what their properties are worth so you can get a feel for the demographic housing costs in your area. Location plays a huge role in the value of a property, and it’s the one thing you can’t do anything about! The appraisal of your real estate should give you a price comparable to houses surrounding yours.
Fairly certain that the real estate appraiser nailed the value of your Connecticut real estate right on the nose but not happy with the results? There are lots of things you can do to raise your home’s value in the eyes of the appraiser and make it easier for potential buyers to part with their hard earned bucks. For example, you can:
a) Landscape. You’d be amazed at the way a carefully landscaped lawn and garden will affect a home’s resale value. The appraiser will take into consideration the fact that many homebuyers will leap at the opportunity to move into a “room with a view” and raise the value of your home.
b) Paint. Cosmetic appearance is the first thing your potential buyers are going to take into consideration. It doesn’t matter how sturdy the studs and pipes are if your paint is melting down your wall. Your buyers aren’t going to pay you what you’re asking! Give your house a fresh coat of paint, inside and outside. It’s worth it!
c) Have a home inspection done, and make all necessary repairs yourself. A home that will pass a home inspection without any additional effort on the part of the buyer will sell for a much higher price than a fixer upper. That’s why most real estate investors in Connecticut dance with glee when they see the words “Handyman Special” next to a piece of real estate. They know they can buy it cheap.
d) Remodel and renovate. Most homes in Connecticut reflect the state’s rich history, but no one wants their toilet to! A renovated, up to date property will bring a much higher selling price than its antiquated former self.
There are numerous other things you can do to raise the value of your Connecticut real estate and to keep from being ripped off by a real estate appraiser. It’s up to you to go out there and find the rest of them!