Wellesley: Navigating the Appraisal Process

Wellesley: Navigating the Appraisal Process

In high-value markets like Wellesley, the appraisal is often the most stressful part of the transaction. Here's what you need to know to ensure a smooth valuation.

What Appraisers Look For

• Recent Comps: They primarily look at what has sold in your specific neighborhood in the last 6 months.
• Upgrades: Not all upgrades are equal. A finished basement adds value, but a high-end 'professional' kitchen adds the most.
• Condition: Peeling paint or a damp basement can trigger 'flags' for certain loan types.

My Strategy

I provide every appraiser with a 'Value Packet' including a list of all renovations and the specific comps that justify our price.

[[CTA]] Preparing for a sale? Let's review your home's 'appraisal-readiness' together.