Real estate in Toronto has witnessed a slow down in sales during the past year. As a result, home owners are not getting the prices that they were previously being offered. This forces them to either price their real estate lower than the desired amount or to delay the sales process till the Toronto real estate values pick up again.
Among the numerous advantages of why hire a professional appraiser and getting your real estate appraised, a key element remains the value of property on sale. However, the question remains; how do we secure a higher real estate appraisal for the property on sale?
Research suggests that a property’s overall condition and indoor décor although remain key elements, however, the curb appeal can play a critical role in boosting the overall value by at least 20%. Thus, outdoor landscaping is suggested to be given equal importance in-order to secure a suitable real estate appraisal.
For creating the right curb appeal, it is essential to focus on some important factors like the front yard, front door, back yard, and above all the element of privacy. The front yard is the first impression; it should give that welcoming feel. It is therefore important to have green lawns and at least one tree on the front. Similarly, a nice and cozy small seating arrangement like an outdoor bench on the front lawn near the house leaves a nice impression.
The front door, being equally important, is ideally suggested to be newly installed as many people give great attention to how the front door looks. And in case the existing door is still in great shape, then a color quoting would do the job. However, it is important to remain mindful that the door should not give an old or used look.
When it comes to the backyard; people like to enjoy outdoors, especially while socializing with family and friends for BBQ during the weekends. Hence, outdoor kitchens remain popular. Similarly, a small investment on backyard patio is equally important, as research suggests that a backyard patio can help raise the real estate value up to 15%. In addition, for greater privacy, planting some trees at the backyard would work as icing on the cake.
Though the suggested measures may require some investments, however, while looking at the bigger picture and in-order to secure a higher real estate appraisal, the investment is worth the effort. And above all, hiring a professional and well experienced real estate appraiser is among the basic essentials, who can not only evaluate the real estate value with the most professional approach but can also help acquiring the desired prices.