Tag Archive for: community features

How to Improve Curb Appeal

How to Improve Curb Appeal: What Appraisers Notice

Improving Curb Appeal to Improve Home Value

First impressions matter—especially when it comes to your home’s appraisal—and knowing how to improve curb appeal can make all the difference. During the summer months, your property’s exterior becomes even more noticeable to appraisers. By focusing on specific elements that professionals look for, you can enhance your home’s curb appeal and potentially increase its appraised value.

Key Takeaways

  • Well-maintained landscaping with fresh mulch and seasonal flowers significantly improves curb appeal and appraiser impressions
  • Clean, damage-free exteriors can significantly improve your property’s appraised value
  • A welcoming entryway with updated hardware and appropriate lighting creates a positive first impression
  • Functional outdoor living spaces add value and appeal to potential buyers
  • Regular maintenance of driveways, walkways, and lawns demonstrates care for your property

Improve Your Curb Appeal with Landscaping and Garden Maintenance

Investing time in landscaping and garden maintenance doesn’t just enhance visual appeal—it can add meaningful value to your property. Well-maintained landscaping is consistently recognized as one of the top improvements that can increase your home’s market value, making it a worthwhile consideration when improving curb appeal.

Regular lawn care, including mowing, watering, and weeding, creates a neat appearance that appraisers notice during evaluations. Trimming overgrown shrubs and trees not only enhances visual appeal but also eliminates potential safety concerns.

Adding fresh mulch to garden beds provides a polished finish to your outdoor spaces. Including seasonal flowers and native plants enhances curb appeal while reducing maintenance requirements, making your property more attractive to both appraisers and potential buyers. Understanding which improvements add the most value can help guide your landscaping decisions.

Exterior Home Condition and Its Impact on Curb Appeal

Your home’s exterior condition significantly influences appraiser perceptions. A well-maintained exterior creates curb appeal that resonates with both appraisers and potential buyers.

Neglected maintenance issues, such as peeling paint or roof damage, can significantly decrease your appraised value. Conversely, clean siding and a well-kept yard can lead to a noticeably higher home appraisal. Appraisers particularly notice structural integrity, making roof and siding maintenance essential. Additionally, accurate property valuation becomes especially important during challenging circumstances, particularly with jointly-owned homes during separation or divorce.

Regular maintenance activities like power washing and fresh paint not only enhance curb appeal but also create positive impressions that can lead to higher appraisals.

Entryway Upgrades That Improve Curb Appeal

Your entryway serves as the introduction to your home, making it crucial to make a good impression. A clean, welcoming entrance creates a positive first impression that influences overall curb appeal assessment.

Consider refreshing your front door with a new coat of paint in a complementary colour. This relatively inexpensive improvement can significantly improve curb appeal.

Well-maintained hardware, including doorknobs and handles, demonstrates attention to maintenance details and improves aesthetic appeal. Adding warmth through strategically placed potted plants or seasonal decorations creates an inviting atmosphere for both appraisers and potential buyers.

Proper lighting improves safety while highlighting your home’s features during evening hours, positively affecting appraisal outcomes.

Improve Curb Appeal with Outdoor Living Areas

Thoughtfully designed outdoor living spaces can substantially enhance your property’s curb appeal and value. Appraisers look for well-defined areas such as patios, decks, and porches that add functional space and aesthetic appeal.

Creating comfortable seating areas, outdoor dining options, and incorporating decorative elements transforms your yard into an attractive extension of living space that appeals to potential buyers. Features like fire pits, outdoor kitchens, or pergolas not only elevate your outdoor areas but also reflect contemporary living trends valued by many purchasers.

Maintaining these spaces through regular cleaning and seasonal updates is essential, as appraisers evaluate both condition and appeal during their assessment.

Cleanliness and Tidiness to Improve Curb Appeal in Your Neighbourhood

Though seemingly minor, cleanliness and tidiness significantly impact an appraiser’s first impression of your property. A well-maintained exterior demonstrates property care that can influence valuation.

Maintaining a neat front yard without excessive decorations or items allows appraisers to focus on your home’s actual features. Clean windows and freshly painted doors further enhance curb appeal, potentially contributing to higher appraised values.

Your attention to these details will likely yield benefits during the appraisal process.

Frequently Asked Questions

How Can I Enhance My Driveway’s Curb Appeal Before an Appraisal?

To improve driveway appeal before an appraisal, thoroughly clean the surface and repair any visible cracks or stains. Consider adding decorative borders or edging for visual interest. A well-maintained driveway creates positive first impressions for appraisers and potential buyers.

Do Seasonal Decorations Impact Curb Appeal?

Yes, tasteful seasonal decorations can enhance curb appeal. Select well-coordinated, appropriate decorative elements that draw attention and create a welcoming atmosphere. Maintain balance and avoid overcrowding for optimal effect.

How Much Does Landscaping Affect Home Value?

Landscaping significantly impacts home value. Well-maintained yards with thoughtfully selected plants and features substantially improve curb appeal, increasing property attractiveness to potential buyers. Investment in quality landscaping typically provides an excellent return when selling your home.

Are There Specific Plants That Appraisers Prefer?

Appraisers generally favour low-maintenance native plants suited to your region. Vibrant flowers and strategically placed shrubs enhance curb appeal and property attractiveness. Ensure your landscaping presents as tidy and inviting to create positive impressions during evaluation.

Making the Most of Your Property

Enhancing your home’s summer curb appeal creates a meaningful impact on appraiser impressions. Knowing how to improve your curb appeal—through landscaping maintenance, exterior condition, entryway presentation, and well-designed outdoor living spaces—helps showcase your property’s best features. Attention to cleanliness and overall tidiness demonstrates property care that resonates with appraisers. By addressing these key elements, you’ll not only attract potential buyers but also potentially increase your property’s appraised value. 

We’re proud to offer exceptional services for our clients. We tailor our appraisal reports to meet the requirements of each lender, providing accurate, timely and thorough valuations put together by our highly experienced professional team.

For more information or to schedule an appraisal, contact us today!

community features

Property Appraisal Insights: 4 Community Features that Matter

Analyzing Community Features That Impact Property Value

When deciding what adds value to a home, today’s savvy property owner thinks beyond an impressive house amenities list.  It may surprise you to discover exactly what things add value to a home in today’s competitive housing market.  Community features and neighbourhood amenities are topping the modern buyer’s wish list. With increasing real estate prices, property owners are demanding more.

Does a neighbourhood have sidewalks, mature trees, hiking trails or a dog park? Beyond the conveniences of a house, these community features should also be considered when assessing a property’s value.

As one of Victoria’s longest-standing appraisal firms, D. Fritz Appraisals Inc. can provide detailed valuations highlighting the community amenities to look for when buying or selling a property. 

Read on to learn about which community features have the most significant impact on property values. 

What Makes A Location Desirable?

Homes in major cities where land is scarce tend to hold more value than homes in smaller towns with room to grow and develop. With that in mind, it’s also important to note that homes on larger pieces of property tend to increase more in value over time.

Let’s break down the five components of a desirable location.

  1. Community Features – Does the neighbourhood have grocery stores, a reputable school, restaurants or cafes? These are just a few essential amenities that will help boost a home’s value.
  2. Future Development And City Plans – Maybe at this very moment, the chosen community doesn’t have all of the desired amenities, but often, the future city plan includes improvements and more amenities down the road. Hospitals, civic infrastructure, and public transportation are just a few development types that could be in the works and should be considered when determining current and future property values.  At D. Fritz, we can help you research which properties have the most potential to increase in value over time.
  3. Position – Is the home on a busy road or near a loud commercial building? Is it exposed to transient traffic or popular community events? Homes in busy areas tend to be less expensive overall, and initially, their lower prices might be attractive. However, it’s wise to consider that the resale of homes in busier areas can be more difficult and lengthy. In contrast, homes purchased in quiet communities with mature trees and charming historic homes can often increase and maintain property value.
  4. Lot size – When deciding between two homes at similar price points, you need to consider where the value of a property comes from. For example, if a shiny new house on a small lot and a fixer-upper on a large lot are both on the market at a similar price, one should note that the land a house sits on will often hold the most value, making the home on the larger lot a better choice.
  5. Safety – Security measures foster trust and lower the risk of property damage. Gated communities with automatic gates or gates operated by security guards tend to have lower crime rates, which is attractive to potential buyers.

When considering what things add value to a home, we suggest including the following items on your checklist: Esthetics, Amenities, Plans For Expansion, Perceived Safety and Accessibility.

The Value Of Community Groups

Organized groups such as the Condominium Home Owner Association of BC can help maintain the character and appearance of buildings and neighbourhoods, adding value. Community groups are not just for condos. They exist in many areas, including single-family homes and townhouses. Some of the community features and benefits that an organized community group can offer include:

  • Neighbourhood watch
  • Clean-up programs
  • Amenities such as fitness centers and swimming pools
  • Maintenance, snow removal, and landscaping services
  • A platform for social events and activities
  • A mediator for disputes

While the limitations of a homeowner’s association may deter some buyers, a well-managed HOA can be an asset and help boost a home’s value.

How’s Your View?

It comes as no surprise that an unobstructed ocean view will increase property value. But did you know that even a low-quality ocean view can add significant returns to your investment? 

Lake, river, and mountain views are also in high demand. A nice view combined with community features such as water access, an impressive house amenities list or outdoor recreation opportunities become even more enticing to a future buyer.

Look for property information and trends at BC Assessment.

Parks And Playgrounds 

Neighbourhoods with clean, accessible green spaces for seniors, kids, families, and pet owners tend to be highly desirable, allowing all community members to safely access the outdoors. Parks impact communities in several positive ways:

Providing a Gathering Space

As more people spend money on their pets, homes near dog parks and walking trails have become a huge draw. In neighbourhoods with small or no yards, buyers will spend more to live near these community features. They provide the space for community members to congregate for everything from family picnics and birthday parties to school events. Want a space to play ultimate frisbee, stargaze, bird-watch and everything in between? Pick a neighbourhood with a park or playground.

Filter The Air

Mature trees do much more than filter the air. They supply oxygen, improve air quality, and provide shade and wildlife habitat. Well-landscaped, water-smart yards with defined outdoor spaces can boost curb appeal.

Encourage Movement

Walkability scores are now commonplace in real estate listings and are a new factor for evaluating properties. Homes in walkable neighbourhoods with desirable community amenities usually have higher property values. Walking just twenty minutes per day can positively impact health and quality of life by lowering stress, boosting moods and increasing creativity.

With outdoor spaces in high demand, we should consider them as thoroughly as a house amenities list when determining which property has the most value.

D. Fritz Appraisals Inc. – Take The Guessing Out Of Valuing Property

D. Fritz Appraisals Inc. is your home for professional real estate appraisals for properties in Victoria to Nanaimo and the Gulf Islands of British Columbia.

Let our team of expert appraisers, certified by the Appraisal Institute of Canada, guide you in highlighting the community features you’re looking for with a comprehensive, accurate valuation.

With outstanding service dating back forty years, D. Fritz Appraisals Inc. can meet all your appraisal needs. Contact us today for a quote.