What Goes Into a Home Appraisal?

What Goes Into a Home Appraisal?
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Tribune News Service
Updated:

By Paul F. P. Pogue From Ask Angi

A home appraisal can seem like a mysterious and opaque process—someone comes to your home, looks around, runs some numbers, and sends back a home value that may or may not match up to what you or the county assessor thinks it’s worth.

Home appraisal is usually a required element of a bank-financed home sale, and it can be a make-or-break moment for the deal. Here’s a look behind the curtain of what appraisers are looking for.

Overall Home Condition

Obviously, homes in poorer condition value for less.

Total Square Footage of the Home and Property and Number of Bedrooms and Bathrooms

These fundamental elements provide the baseline for the rest of the appraisal.

Quality of Landscaping

Well-maintained trees and bushes tend to help home value.