Tips For Maximizing Your Home’s Appraised Value

Mortgage and Lending with Directions Home Loan NMLS 221138

A home appraisal is an independent opinion of your home’s value, performed by a licensed home appraiser. Appraisals are part of the traditional home purchase process, and lenders require them for most San Antonio refinances, too.Maximizing your home appraisal

Appraisers are trained professionals. First, they derive a base for your home’s value based on the recent sales prices of homes that are comparable to yours in terms of bedrooms, bathrooms, style, and square footage.

Then, accounting for features and amenities that make your home different, the appraiser applies “adjustments” to that base value.

This methodology is called the “Sales Comparison” approach and the result is your home’s appraised value.

It’s the most common appraisal method used by lenders.

As a homeowner in San Antonio Texas , you can’t affect the sales prices of your home’s comparable properties, but you can help your appraiser understand how your home stands apart from these homes. This, in turn, can affect your home’s adjustments, resulting in a higher appraised value.

With home appraisals, every valuation dollar can matter. With that in mind, here are a few tips for maximizing your home’s appraised value :

  1. Be home for your appraisal so you can answer the appraiser’s question, if there are any.
  2. Mention any new roofing, flooring, HVAC, plumbing, or windows you’ve installed since purchase.
  3. Don’t mention projects or repairs you’re “about to undertake”. Appraisers don’t credit for unfinished projects.
  4. Make minor household fixes prior to the appraisal (e.g.; leaky sink, running toilet, peeling paint).
  5. Present a tidy home. This can contribute to a higher “overall condition” adjustment.

Lastly, schedule the appraisal for a time that is convenient for your entire household. An appraiser needs to see, measure, and take photos of every room in your home. If a room’s door is closed because of a resting child, for example, the appraiser may need to schedule a second appointment to complete the appraisal, and that can raise your appraisal costs.


Daryl Mitchell  Legacy Mutual Mortgage NMLS 221138




2526 N Loop 1604 W Ste 150


San Antonio Tx 78248


Certain conditions and restrictions may apply call for more details.



Comments (5)

Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Daryl,

Good information on this one.

During a discussion with an appraiser not long ago, he made the statement that "appraisers are people too" and first impressions do count. You've provided some valuable info in this post.

Nov 08, 2011 02:52 PM
Joe Kenny
Realty Executive Midwest - Darien, IL
Better Than Your Average Joe

I bookmarked this so I can go back to it.  Great info, thanks posting it.  It's a good life.

Nov 08, 2011 02:55 PM
Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Daryl - All good information.  I always try to get my sellers to fix what we know will need to be done, so that appraisals and inspections will be cleaner and buyers and lenders won't penalize us by valuing the home lower than it should be.

Nov 08, 2011 03:00 PM
Paul Dougherty Associate Real Estate Broker
Coach Realtors - Huntington, NY
Trusted, Tested & True. Our Results are Better!

Great post, very informative. I just had an experience where the appraisal came up short. Luckily it didn't effect the deal, but I think some of your points could have helped.

Nov 08, 2011 03:01 PM
Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Let the appraiser know that as a REALTOR you are there to help them if they should need your assistance.  At times the appraiser has been assigned from out of area.  Be helpful.  Appraisor's are human and do appreciate your thoughtfulness. 

Nov 08, 2011 03:19 PM