Whether you’re relocating for a new job or purchasing a larger home for a growing family, you
need to raise a lot of money in a short period of time. Selling your current home enables you to
have enough cash on hand for your earnest money, down payment, moving costs, and other
expenses. It’s also essential to sell your home quickly and at a fair price. But if you don’t know
what your home is worth, our team at Ferstl Valuation Services is here to help!
We’ve been offering real estate appraisals in Arkansas since 1967, and we’re also licensed
attorneys with the professional expertise to help you settle legal disputes. An independent
appraisal is the best way to ensure you’ll get a fair price for your home, and it also helps you do
some “troubleshooting” before it hits the market. Here are a few steps to ensure you receive
maximum value for your home at closing:
Research recent sale prices of comparable homes in your area-Even if you’re not a
professional appraiser, it’s easy to research current listings and recent sale prices of homes with
similar features and square footage. How do they compare to the price you originally paid for
your home and the amount you still owe on your mortgage?
Review prior appraisals-Review your most recent appraisal and determine if the outstanding
items have been successfully addressed since you moved in. Those same issues will certainly
come up on your next appraisal, so keep them in mind before you list your home.
Add value-Making long overdue home updates is always an excellent way to stand out in a
buyer’s market. You can add the cost of kitchen and bathroom upgrades to your listing price, but
make sure you’re not “over-improving” and pricing your home out of the market. You don’t have
to be a professional home handyman to put a fresh coat of paint on the walls, and it offers
plenty of bang for your home improvement buck!
For more information about real estate appraisal services in Little Rock, contact us online or at