article thumbnail

The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

More than just the total area, functional layout and efficient use of space play substantial roles in valuation. Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. It’s important to weigh the cost of these renovations against their potential return on investment.

article thumbnail

Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. Things like cracked tiles, broken fixtures or an outdated countertop can add up to thousands less in your home valuation.

Appraisal 126
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Renovation loan assessments. Valuation for insurance claims. There are many reasons you may need to know the value of your property and for this, you need a home appraisal.

Appraisal 105
article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

which can relate to valuation. Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft. He remembered me from Valuation 2000. Investigate by asking specific questions pertaining to the property such as improvements, what and how long ago, permitted work, HOA, municipalities, etc.