Many people are surprised when they find out that the market value of their home is higher than they thought. Others have an over-inflated opinion of their home's estimated value and an appraisal helped them realistically price their home to get it sold. An overpriced property will not attract potential buyers, which means no offers and no closing date. Every month your house stays on the market is another month you have to pay the mortgage.
Using a certified appraiser is the best way to get an expertly crafted, unbiased list price for your home in Spokane's adapting market.
If you're working with an expert real estate broker to list your house, more than likely, you can expect them to provide you with a comparative market analysis (or a CMA) that includes comparable homes for sale in your neighborhood. It's a good starting point in determining your home's list price and if you want to minimize your home's time on the market while maximizing your profit, this is a vital step.
But even if you have hired an expert real estate broker, it's definitely in your best interest to have a third-party's objective opinion of value before you sign a Listing Agreement.
That's where we come in! We'll perform a pre-listing appraisal so you and your real estate broker both have a detailed analysis of the most recent and similar comp sales and an accurate description of your home's salient features.
An appraisal from Edwards Appraisal Group can help you decide on a realistic list price so your house will entice buyers. It will also:
Provide you with a sketch of the floor plan so you can advertise your home's actual square footage
Be an extremely valuable negotiating tool once you have found a prospective buyer
Provide written proof of your home's quality and condition inside and out to impress potential buyers
Make you aware of problems that might delay a closing and eliminate repair hassles at the eleventh hour
Cut down the chances of unexpected headaches that can cause sales to crumble
Eliminate the wait for the buyer's appraisal to have assurance the deal will close
In addition to "how much?", there may be other important questions to ask yourself before listing your home. Ask yourself "Should we paint the entire house before we sell it?", "Should I put in that new bathroom?", "Do I need to complete my kitchen remodel?" Everything you do to your home can affect its value but different things will affect it in different ways. A kitchen remodel might improve your home's appeal, but it may not justify the costs you'd pay.
We'll give you the information you need to help you make some of these decisions.
Edwards Appraisal Group has no vested interest in the amount your house sells for. Our fees are based on efforts to finalize your report. They are not based on a percentage of your home's sale price.