A property appraisal is necessary in order for a lender to let you borrow money from your home's equity. If the inspectors who appraise your property value it low, you may have trouble getting the equity you need to sell your home, pay for your children's college, or do home improvements.
Read on to learn the most important factors that impact your home's appraisal.
You've heard that location is the biggest factor when you sell your home. The same is true when you want to appraise your home.
The home appraisal value is based on where your home is. Certain neighborhoods are more valuable for various reasons. For example, neighborhoods that back onto green space, parks, or have a high walkability score.
The value of the…