A high appraisal valuation expands your equity cushion, lowers your loan-to-value (LTV) ratio, and unlocks top-tier interest rate pricing.
1. Pre-Appraisal Preparation Checklist
- Compile Capital Improvements List: Document roof replacements, HVAC upgrades, new windows, and kitchen remodels with receipts and permit numbers.
- Prepare Neighborhood Comps Packet: Identify recent closed sales of similar square footage within 0.5 miles to hand to the appraiser.
- Curb Appeal & Minor Repairs: Fresh exterior paint, tidy landscaping, functioning smoke/CO detectors, and repaired drywall blemishes create strong first impressions.