If Your Home Is Being Appraised You Need To See This

Dated: 09/19/2017

Views: 677

 Since our Lake Havasu City market has increased by 11% in the past year, Many  home appraisals are not meeting value.

I wanted to give you 3 helpful tips that will increase your chances of getting your home to meet value.

  1. Property condition Its very important that your home is in good condition at the time of the appraisal

 With the market being up your listing agent will want to bring you the highest offer that they can. That is why it is a good idea to get a home inspection prior to listing your home. When completed the home inspector and your agent can give you proper guidance on who you can use to get your home in tip top shape, ready to sell and ready for your appraisal. When the appraiser comes to your home. Present the home clean, and at a comfortable temperature setting so they know the Air conditioner is working properly. Here are a few things that an appraiser might make a note of in the appraisal. 

Possible mold growth

Chipped paint

Drywall damage inside and out

Missing carpet or unfinished flooring

Roof repairs or missing shingles

Water leaks and stains

Non functioning Air conditioner


Foundation or structural issues

Exposed electrical outlets and wiring

Non-functioning appliances

Leaking sprinkler systems

Believe me , you do not want these things noted in your appraisal. Once noted the Lender decides what specialist goes out to your property to remedy the issue and this could cost you thousands or the sale!

  2. Provide Data

It’s a good practice to provide comparable home sales and a list of upgrades and additions to your home. Comparable home sales should be within the last 6 months, and should be in a similar area, similar sq footage, have similar amenities and be a similar age.  and upgrades to your home should be within the past 5 years. 

NOTE: un-permitted improvements have little to no value.

3. Have a game plan

It is also good practice to have a game plan before the buyer pays for an inspection and an appraisal. I have never had a case where the seller wants the buyer to lose money. Sometimes the buyer and the seller will meet in them middle to resolve the appraisal issue, sometimes one party or another cannot move and the deal will fall apart.


The A Team 
Keller Williams Realty 
A Team Office No.: LC625316004


For homes under $150,000 in Lake Havasu City click the photoHomes under150,000

For Homes under $250,000 in Lake Havasu City Click the photo

lake Havasu Homes under 250,000

For homes with  RV garages or RV parking  in Lake Havasu City Click the photo

Rv Garage Homes in Lake Havasu City

For Land in Lake Havasu City

Land for sale in Lake Havasu City

For New Construction in Lake Havasu City

Lake Havasu New Construction

For pool homes in Lake Havasu City

Lake Havasu Pool Homes

For 4 bedroom homes in Lake Havasu City

4 bedroom homes in Lake Havasu City

For all other homes go to www.Newhomeslakehavasu.com

Written By Chad Nelson 

Want to Advertise on this Site?

Latest Blog Posts

Hidden Malibu Community In Lake Havasu City

Have you ever driven out to to the Island and found a 5k running path?How about a Frisbee Golf Course?Wouldn't it be fun to walk across the street to eat at the Boat House?Did you know that you

Read More

Happy Labor Day

On Labor Day we celebrate the hard work that helps us achieve the American Dream.Growing up, many of us thought about our future lives with great ambition. We drew pictures of what jobs we wanted to

Read More

Benefits Of Using A Real Estate Agent To Sell Your Home

For a free instant market valuation of your home, visit Lisa.HavasuHero.com/Sell,or call me at928-486-3497.I would love to tell you about my strategy to bring you top dollar when it comes to selling

Read More

Granite Versus Quartz

Granite or quartz, do you know the difference?  Which do you prefer?  If you're not sure, this may help.A Consumer Reports comparison determined QUARTZ AS THE WINNER!   Why?

Read More