Soldier to Soldier Hawaii

The Inside Scoop: 5 Secrets Home Appraisers Wish You Knew


Understanding the value of your home is a critical part of homeownership. Home appraisers play a significant role in this process, determining the market value of a property for a variety of reasons, such as a potential sale, mortgage refinancing, or insurance purposes. But there are certain aspects of home appraisal that homeowners often overlook. To bridge this gap, we’ve compiled five essential things that home appraisers wish every homeowner knew about their property.

  1. Understand the Difference Between Appraisal and Market Value

Firstly, homeowners should know the difference between an appraisal and a market valuation. An appraisal is a professional appraiser’s unbiased determination of the value of a home based on its physical characteristics and the value of similar nearby homes. On the other hand, market value is what buyers are willing to pay for a home in the current real estate market. While these two values can align, they can also differ significantly.

  1. Home Improvements May Not Always Increase Value

While it is generally true that home improvements add value to a property, not all modifications will significantly increase the home’s appraised value. Simple repairs and maintenance, such as replacing a broken window or painting a room, are expected and won’t necessarily boost the value. Major improvements, like kitchen or bathroom renovations, may increase value, but they often don’t equate to a dollar-for-dollar return.

  1. First Impressions Count, But They’re Not Everything

Home appraisers, like anyone else, are affected by first impressions. A clean, well-maintained home can give the impression that the home has been cared for, but don’t mistake this for an increase in value. While appraisers take note of a property’s overall condition, they rely on quantifiable data, like square footage and the number of bedrooms and bathrooms, to determine a home’s value.

  1. Location Is Key

Even if your home is in excellent condition, its location plays a crucial role in its appraisal value. Factors such as proximity to amenities, the quality of local schools, crime rates, and the property’s neighborhood significantly impact the appraisal. For example, a well-maintained home in a high-crime area may be worth less than a comparable home in a safer neighborhood.

  1. Documentation Is Essential

Homeowners can play a proactive role in the appraisal process by providing appraisers with as much information as possible. Key documents include records of any renovations or improvements, proof of building permits, recent tax assessments, and utility bills. These documents can provide valuable insights that can contribute to a more accurate appraisal.


A home appraisal can sometimes seem like a mysterious process to homeowners. However, by understanding these key insights that home appraisers wish homeowners knew, you can better navigate the process, set realistic expectations, and even take steps to protect and potentially increase your home’s value. Remember, knowledge is power when it comes to one of your biggest investments: your home. A great lender to contact to schedule an appraisal is Highfive Lending.

Celester Thomas

Company Blog – Soldier to Soldier Hawaii Realty

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