Getting your home appraised is a key part of the home-selling process. It’s what determines the value of your home and what it’s likely to sell for.
However, unless you’ve sold a home before, you probably don’t know what to expect, and it can make you a little nervous.
Home appraisal is a fairly straightforward process.
Here’s how long a home appraisal takes and some important details to know.
How Long Does a Home Appraisal Take?
We can separate this into three phases.
First, it will usually take about 2 days for the appraiser to come to the house. They have other homeowners to serve, a fairly large workload, and don’t usually rush out the same day.
Then, the actual inspection part of the process takes between half an hour to an hour. This is the quickest part.
After that, it takes about two weeks for you to get the final report.
This isn’t a long time in the real estate world, but it is long enough that you’ll want to plan ahead if you’re thinking about selling your property. You can’t go from the initial visit to listing the house overnight.
What to Expect During a Home Appraisal
Here are some of the key things you should expect from your appraisal process.
1. Checking for Damage
Damage greatly affects the home’s value, and it’ll be one of the key details the appraiser looks for. It’s best to make any repairs you can before calling the appraiser.
2. Materials of the Home
Another detail the appraiser will look at is the type of materials used to make the home. A sturdy brick house can often fetch far more than one made with modern construction materials that are aimed at cutting costs.
It’s also important to determine what material is used in piping, wiring, and similar areas for compliance reasons and to determine how modernized the home is.
3. Features
Of course, the notable features of the home are also important. This includes the number of bedrooms and bathrooms, size of the yard, any special features such as energy-efficient windows and appliances, decks, garages, and more.
4. Your Neighborhood Matters
A lot of your home’s worth doesn’t actually have much to do with your home. The appraiser will take note of all the details we listed, and they’ll compare your home to similar homes that have recently sold in the area.
If homes in your neighborhood are selling low, you might get a lower appraisal than you imagined. You might also get a pleasant surprise if your neighbors have been selling their homes for top dollar.
5. Complexity Impacts Timeframe
Two weeks is the average amount of time it takes for an appraisal, but that can be longer if the property is complex or the appraiser’s schedule is full.
6: You Will Get a Detailed Report
The reason it takes weeks after the inspection to get a final appraisal for your house is that the appraiser generates a full report.
This is a detailed breakdown of the price they recommend and how they came to that conclusion.
Sell Your Home with Sunny Gawri Real Estate
If you’re looking to sell your home, and you don’t know how long home appraisals take or what to expect from any part of the process, Sunny Gawri Real Estate can help.
We offerstart-to-finish real estate services to help you get the most. Contact Sunny Gawri Real Estate today!
