A home appraisal is a professional evaluation of your property’s market value, typically required by lenders during a sale. It ensures the buyer is paying a fair price and helps prevent financing issues. Appraisals consider comparable sales, property condition, location, and market trends. As a seller, understanding the appraisal process helps you set realistic expectations for your listing price. Preparing your home by addressing repairs, maintaining cleanliness, and providing a list of upgrades can positively influence the appraisal and support your asking price.
