13 Sep What does an agent look at during an appraisal?
This year, many people will look to sell their homes. Before you can put a property on the market, it’s important to have an appraisal conducted by an agent. This appraisal will help you determine the asking price for your property. In this article, we’ll briefly show you what an agent looks at when performing an appraisal. Curious about what you should pay attention to during an appraisal? Read our blog about it!
What does the agent focus on?
The first thing the agent looks at during the appraisal is the property itself. To determine the property’s value, the appraiser will review previous appraisal reports. These reports provide a general idea of the property’s value. Once this is done, they will continue with the rest of the property. They look at aspects that could increase the property’s value, such as sustainable investments like solar panels or a heat pump. An extension or a dormer can also significantly increase the property’s value. The appraiser’s visit is relatively short, often much shorter than most people initially expect.
After the appraiser has finished inspecting the house, they will discuss additional details with you. This includes examining the insulation and energy values of the property. With this information, setting an asking price will be much easier. Having an appraisal done is essential for anyone looking to sell their home, as it provides a clear picture of what to consider. Always choose a professional agency if you want the appraisal done well.
If you want more information about appraising a house, we also have additional explanations available via Funda.
