Home appraisals are necessary to determine the fair market value of a property for several reasons, including buying or selling a home, refinancing a mortgage, or for tax or legal purposes. An appraiser will evaluate the property and provide a detailed report outlining the property’s value based on various factors.

The factors that can affect the appraised value of a home include the size and condition of the property, the location, and recent sales of similar properties in the area, any improvements or upgrades made to the property and the current state of the real estate market.

To prepare for a successful appraisal, homeowners should ensure that their property is in the best possible condition. Make any necessary repairs such as fixing leaky faucets, repairing damaged floors, or repainting walls.
Homeowners can provide appraisers with any documentation or information about the property that may affect its value, such as recent home inspections, permits or any renovations, or information about energy-efficient upgrades on the property.