When it comes to getting your home appraised, it’s important to do everything you can to make sure it looks as good as it can so you get the top amount you are hoping for. Most people understand that things like poor curb appeal and major problems like a water-damaged ceiling will affect a home appraisal. However, if you think your home looks pretty good, you may want to consider these 5 surprising factors that can affect a home appraisal that you’ve never even thought of.
1. Poorly Fitted Windows
High on the list of things that appraisers look at is how well the windows in the home are functioning. In other words, old windows won’t leave the appraiser with a good impression of energy efficiency or safety. Especially in older homes, the seal around window can let in some pretty big drafts, as well as insects and debris. Bad seals on windows significantly affect heating and cooling bills, too. To boost your home’s appraisal value, considering repairing or replacing old windows if the seals and framing are worn.
2. Drafty Doors
Exterior doors are a big part of any appraisal, and there are few things that will impact it than ill-fitting doors with brittle seals and insufficient locks. It’s easy to upgrade doors to newer and more modern varieties, with everything from safety glass to keyless entry and more. Likewise, all exterior doors should get new weather stripping and sweeps, as needed to ensure heat and cool air aren’t intruding or escaping. Deadbolts and other security features are an added bonus.
3. Questionable HVAC System
The age and condition of a home’s HVAC units make a difference in assessing the value on the market. Short of replacing older heating and air conditioning units, home owners can ensure that all appliances are working and have had regular maintenance. If any of the appliances are still under warranty, it makes a positive difference as well. Don’t forget to assess the supporting fixtures for HVAC systems, like any as ductwork, pipes and vents.
4. Evidence of Pests and Mold
Home owners should always be on the lookout for pests, especially termites. However, evidence of a previous infestation can drop a home’s value in the eyes of an appraiser. Evidence of mold is another thing that, if present, can torpedo a home appraisal. Documents for extermination or professional cleanup can be helpful in easing an appraiser’s mind that the situation is under control.
5. Peeling Paint in Older Homes
Homes built and painted before 1978 may have lead-based paint on them, and that fact is a significant detriment to older homes that need a good appraisal. Peeling paint boosts the risk of lead poisoning for residents, especially for older people and children. While home owners should not have any peeling paint around as they prepare their house for the market, an older home with peeling paint sends up big red flags to appraisers.
If you are interested in becoming more familiar with Park City please call Jensen and Company at (435)901-8333 for information on local real estate.