THE VALUE OF APPRAISING YOUR HOME BEFORE DECIDING ON A LIST PRICE
Because of unstable market values of homes nationwide, it is a good idea to get an appraisal
from a local appraiser before you decide to sell. This will assist us in knowing how to price your
home accurately so that it will successfully sell in the least amount of time. It will also prevent
the loss of a sale because the bank appraiser comes in with an appraisal that is lower than the
contract price. If you bought your home and added $20,000 of improvements and expect to get
that returned on the sale of the house, you may be surprised. Some improvements, while
making the house more “saleable”, do not increase the value. If you bought your home less than
three years ago, you probably will not have the appreciation to list it for substantially more than
you bought it for. Also – if you used your home as a bank and hope to sell your home to recover
your equity, that may not happen! All these things need to be considered before you sale your home.
Call Cathie Chasman at 706-540-6720 to answer any questions you have about appraising your home. I can provide you with information on several appraisers in our area.