Residential property appraisal is
different from the things done by commercial real estate appraiser. A
commercial real estate appraiser bases the price of the property for sale on
the relationship of the rental rates and the expenses paid out during the
operations of the properties. Although underlying assets are important in a
commercial property for sale, residential property has greater value for
assets. It is important to get the best real estate appraiser for your
residential property. The things that will be declared by your appraiser will
make or break your property for sale. Here are a few things that can help you
improve the amount of your home.
1. Upgrade your landscape to avoid
a messy look. It is important to have professional help in keeping your lawn to
avoid an impression that the property for sale will need high maintenance cost.
This would also avoid the impression that the potential buyer may need more
maintenance time—which is not delightful to busy families. A real estate
appraiser would also consider the aesthetics of your home—this is what you call
the curb appeal. The real estate appraiser would tend to compare your
residential property to other homes in your neighbourhood.
2. Aside from the tracking of all
the upgrades and home improvements you’ve done to your residential property, it
is also important to note the things you do for your neighbours. You can take
this literally and figuratively. Your real estate appraiser will consider the
surrounding environment and community around your residential property. So, he
would add a value on your residential property depending on the convenience to
nearby schools, markets, or recreational areas. Additional value will be added
on how you improved your home based on the needs of the community. If you have
good garbage disposal system, or you have a working and a silent garage door,
these will all be considered by your real estate appraiser.
3. Lastly, it is important that
you follow all of the community rules and regulations. Constructing a
residential property which followed all the building guidelines will surely
gain higher value. This is important to ensure that the potential buyer of the
property for sale will not be having a hard time correcting your mistakes. This
would also avoid further charges once your property for sale is turned over to
a new owner.
There can be many other things
that would affect the value of your residential property. It is very important
that you have a constant connection with your real estate appraiser so that every
factor is well accounted.
TamBay Realty LLC
1408 N West
Shore Blvd Suite 1000 Tampa, FL 33607
(813)
908-0706
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