How to Increase a Home Appraisal | Renovations that Increase Your Home Value

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 31

  • @mariapursel2098
    @mariapursel2098 6 місяців тому +10

    1). Curb appeal. Wear and tear. Cracks or holes.
    2). Verify square footage. Room by room. Must have permits in place for renovations to have square footage.
    3). Checking interior of home. No cracks in walls, condition of home in general. Fresh coat of paint helps. Light colors
    4). Any improvements to home. Cost… invoices/ receipts
    5). Features and Amenities.
    Renovations to increase value of your home:
    1) Update kitchen. Minor or major
    2). Bathroom. Specifically the master bathroom.
    3). Flooring. If dated, replace it.
    4). Curb appeal. Invest in updates outside. Flowers, trees etc.
    5). Sq. Footage. Add to it.
    6). Bedrooms. More bedrooms add to value.
    7). Paint walls.

  • @prayonkreutz2398
    @prayonkreutz2398 6 місяців тому +5

    B4 our house was appraised we manicured the yard, pressure washed the pavement, siding, roof & gutters. Curb appeal! First impressions are important. Inside was decluttered, CLEAN, all preventative maintenance was complied with. Updated fixtures, rugs ; carpets steam cleaned. When the appraiser sees attention to detail & pride of ownership it will show & up your value!

  • @Taleshia315
    @Taleshia315 2 роки тому +11

    Getting my home appraised soon and this video was valuable. Thank you :)

  • @AccessAlly
    @AccessAlly 3 роки тому +13

    Before we sold our home, we had most of it re-painted. We got multiple offers quickly after we put it on the market, and I'm pretty sure these efforts in prepping the home paid off. :)

    • @DollarforDollar
      @DollarforDollar  3 роки тому +2

      Love that you saw your effort result in multiple offers!

    • @hkhatri12
      @hkhatri12 10 місяців тому +1

      As a first time home-buyer, I agree. However, the paint is good first impression but if other things such as electric & plumbing isn't taken care of, that is a bigger deal breaker.
      For example, we saw a house where the paint was extremely outdated. However, all the systems were in good shape. We still put an offer on that one.

  • @garciamartinez-rd2fi
    @garciamartinez-rd2fi Рік тому +1

    This video offers a comprehensive guide to increasing your home's appraisal value through strategic renovations. The host's knowledge and clear explanations of which upgrades yield the best returns make it a fantastic resource for homeowners seeking to maximize their property's worth. If you're looking to invest wisely in your home, this video is a valuable source of information.

  • @iamcrown8306
    @iamcrown8306 3 роки тому +4

    It makes sense that you give them a list of your improvements because that's when you invested in renovating your home. I am interested in this topic

  • @Ggoodlad1
    @Ggoodlad1 2 роки тому +2

    A list of improvements with dates upon arrival is VERY much appreciated by an appraiser!

  • @brightlyfe
    @brightlyfe 3 роки тому +1

    Oh girl these are such cool tips!! Thks for sharing.

  • @libraladynior2249
    @libraladynior2249 3 місяці тому

    I feel like you have to have a vision I can walk into a home that may not be decorated in my style but I like it

  • @diaadiaa8420
    @diaadiaa8420 3 роки тому +4

    This is very informative, thanks for sharing

  • @azanulhaq9122
    @azanulhaq9122 3 роки тому +2

    Thanks for usefull tips,you are young but most experienced

  • @TracyDFranklin
    @TracyDFranklin 2 роки тому +2

    Thanks for sharing. I'm refinancing and nervous as heck. 😳

  • @The-Fat-Kid
    @The-Fat-Kid 5 місяців тому +1

    If you want to sell your home clean it up. It’s amazing the pig styes I showed to clients. Pick up the yard and cut the grass. Take the dirty dishes out of the sink and clean the toilet. It’s unbelievable what my fellow Realtors would put on the market and expect full price for.

  • @aneelakhansh1777
    @aneelakhansh1777 3 роки тому +1

    Thanks For Sharing This Amazing Video

  • @kathys1236
    @kathys1236 Рік тому

    Thank you for the great information!! What should we do if we have a room with obvious stains in the carpeting? Have outdated wallpaper but with decorative wood molding on the walls? A moss-green dining room (with wood picture-frame molding)? We are happy just living with these, but they might stick out negatively to a buyer!

    • @DollarforDollar
      @DollarforDollar  Рік тому +1

      If you don't plan to sell soon, you can leave it. However, I would consider removing the carpet and wallpaper since it sounds like that will not appeal to most buyers. You can leave the molding, but just consider fresh paint.

  • @FDP7777
    @FDP7777 5 місяців тому

    Great video!

  • @rmak87
    @rmak87 Рік тому +1

    Awesome video! Super helpful!
    Some questions:
    What about pouring concrete underneath your deck and screening the underneath so you have 2 livable spaces. In the same footprint of the deck?
    Also if I built a deck and got it permitted, since it would be registered with county do I get taxed more for this? If that is the case then is that really a good ROI over time since you are now perpetually paying taxes for it now?

    • @DollarforDollar
      @DollarforDollar  Рік тому

      You can expect a deck to increase your home value and in many cases sliglthy increase your property taxes. However, I think the change will be nominal especially, if you are talking about a home that you have homesteaded. There is a cap on how much your home can increase in taxes regardless of the improvements. If you have a screened in porch/outdoor area that can certainly add value too.

  • @roottermariampillai2841
    @roottermariampillai2841 2 роки тому

    it was very helpful, Thank you

  • @ethanjoshmom
    @ethanjoshmom Рік тому

    Question: I have a split bathroom on the main floor, meaning, there’s a shower and thru another door connected is a toilet and pedestal powder room. There’s no bedroom on the main floor, but there’s a full bathroom. So, what I want to know, we have a small pantry behind the wall with the shower. Would it be real estate suicide to get rid of the shower and make it a bigger pantry? There’s just no reason for the shower side, I use it as a craft closet😂 What do you think?

    • @DollarforDollar
      @DollarforDollar  Рік тому

      That depends are the homes around you working with 3 full baths? Are you in a 4/3 or something in line with the neighborhood?

  • @KarenJonesschimke-up8em
    @KarenJonesschimke-up8em Рік тому

    Seems appraisal are paper only (comparison) and not site visits or contact with seller. Have my appraisals been inadequate in the past homes?

    • @GhostSal
      @GhostSal 9 місяців тому

      Some actually do come out.

  • @stephanieharries7746
    @stephanieharries7746 Рік тому

    What about true genuine wood flooring? Just keep it clean?

    • @DollarforDollar
      @DollarforDollar  Рік тому +1

      Real wood is a great feature when you want to sell. As long as you don’t mind some of the maintenance.

  • @ScarletMartinez2023
    @ScarletMartinez2023 3 роки тому

    Hi beautiful, thank you for this video you share with us very informative.

  • @yourcakeguide
    @yourcakeguide 3 роки тому +1

    Thanks for the tips, now I'm just wondering how I can afford a house 😅