Straightforward Answers to Appraisal Questions That Matter

Let’s Tackle Those Appraisal Questions

Selling or buying a home in Southern NH? One step you can’t skip is the appraisal. If you’re confused by it, you’re not alone. Most people have a lot of appraisal questions, especially when they’re dealing with big life changes like moving or selling.

Whether you’ve got South Nashua houses for sale or you're buying in another Southern NH town, knowing what an appraisal means—and how it affects your sale—can save time, money, and stress.

In this blog, we’ll cover the most common appraisal questions and give you simple, clear answers. We’ll also give some helpful tips so you can feel confident through the process.

What Is a Home Appraisal, Really?

Let’s keep it simple: A home appraisal is when a licensed professional gives your home a dollar value.

The bank or lender orders this when a buyer is using a mortgage. It helps make sure the home’s value matches the loan.

Why Does This Matter?

Well, if the home appraises for less than the sale price, it can cause delays. Worse, it could even cause the deal to fall through.

But don’t worry. We’ll walk through what that means and what you can do about it.

Who Pays for the Appraisal?

Here’s an easy one. The buyer usually pays for the appraisal as part of the mortgage process.

The cost? Usually between $400 and $700 in Southern NH. That could change a bit based on your home’s size and location.

How Long Does an Appraisal Take?

There are two parts here:

1. The Appraisal Visit – This part usually takes 20–60 minutes. The appraiser walks through the home, takes notes, and snaps photos.

2. The Final Report – It often takes 1–2 weeks to get the written report.

If you’ve got South Nashua houses for sale or homes in another Southern NH town, timing matters. The faster you prepare, the faster you close.

What Does an Appraiser Look At?

This is a top appraisal question, and for good reason. Appraisers check several things, like:

• Square footage

• Number of bedrooms and bathrooms

• Condition of the home

• Updates or upgrades

• Lot size and features

• Garage or basement space

• Neighborhood comps (similar homes that sold nearby)

The appraiser compares your home to other recent sales to figure out a fair price.

Can I Help My Appraisal Go Well?

Yes, you can! Here are some helpful tips to make your home shine:

• Clean up and declutter before the visit.

• Make minor repairs, like fixing leaky faucets or chipped paint.

• Create a quick list of upgrades (new roof, windows, HVAC, etc.).

• Highlight any special features, like hardwood floors or smart home tech.

If your Southern NH home stands out, your value may too.

What If the Appraisal Is Low?

Uh-oh. This one can feel tough, but there are options:

1. Renegotiate – You and the buyer might agree to lower the sale price.

2. Pay the difference – The buyer can pay more out-of-pocket to cover the gap.

3. Challenge the appraisal – Your agent can ask for a reconsideration with new info.

4. Cancel the deal – In some cases, both sides walk away.

Having an experienced REALTOR can really help you here. They’ll guide you through it and speak up on your behalf.

Is the Appraisal the Same as a Home Inspection?

Nope, they’re totally different!

• Appraisal = Value

• Inspection = Condition

The appraisal is for the bank. The inspection is for the buyer’s peace of mind. Both are important, but they serve different goals.

What Can Affect My Appraisal the Most?

Lots of things! Some of the biggest ones include:

• Recent sales nearby

• The local market

• The home's condition

• Curb appeal

• Any upgrades

Homes in great shape with modern updates tend to appraise higher. That’s great news if you’ve kept up with home care!

Do Appraisers Know the Area Well?

Yes, usually they do! Licensed appraisers often work within a set region. That means they know the neighborhoods, the comps, and what’s common.

If you’ve got South Nashua houses for sale or listings across Southern NH, your appraiser will likely be familiar with the area’s value trends.

What Happens After the Appraisal?

The appraiser sends a report to the lender. The lender then shares it with the buyer—and sometimes with the seller too.

If everything checks out, you move forward. If the value is low, then it’s time to problem-solve with your agent.

Can I See the Appraisal Report?

If you're the seller, you don’t always get a copy—unless the buyer shares it. Buyers, on the other hand, always get a copy from their lender.

Still, your agent can often get some details and help explain them to you.

Do Upgrades Raise My Appraisal?

They can! Here are updates that appraisers often value higher:

• New roof or windows

• Updated kitchen or bathrooms

• Finished basement

• New flooring

• Energy-efficient systems

But some things (like fancy wallpaper or hot tubs) might not add much value. Always check with a REALTOR before investing in big changes.

Are Appraisals Always Required?

In most mortgage deals, yes. The bank wants to protect their investment.

But if the buyer is paying cash? Then they might skip it—or choose to get one for peace of mind.

Can My REALTOR Help With the Appraisal?

Absolutely! Your REALTOR can:

• Provide comps to the appraiser

• Highlight upgrades

• Answer questions about the area

• Help challenge low values

Good agents know how to present your home in the best light, especially if you’ve got South Nashua houses for sale or unique homes in Southern NH.How Often Do Appraisals Come in Low?

It’s not super common—but it does happen.

Appraisals might come in low if:

• The market shifts fast

• A bidding war drove the price up

• There aren’t many recent comps

In Southern NH, strong demand keeps values steady, but every home is different. That’s why it’s smart to price your home with care.

Can You Appeal an Appraisal?

Yes, but it has to be backed up by facts. Your REALTOR can send:

• Recent, better comps

• Proof of missed upgrades

• A written appeal request

It doesn’t always work—but it’s worth trying, especially for high-value homes.

What About FHA or VA Appraisals?

These loans come with stricter rules.

FHA and VA appraisers must follow safety and livability guidelines. That means they may flag:

• Peeling paint

• Broken windows

• Missing handrails

• Roof damage

If you're selling a home in Southern NH and expect FHA or VA buyers, get ahead by fixing these items first.

Can the Buyer Choose the Appraiser?

Nope. The lender picks the appraiser from a random list. That keeps the process fair and unbiased.

How Do I Prepare for an Appraisal?

Quick checklist:

✅ Clean your home
✅ Make small repairs
✅ List all recent upgrades
✅ Share info about your neighborhood
✅ Keep pets out of the way

A little prep goes a long way. Think of it like a job interview for your home!

What If My Home’s Unique?

Good question. Homes that are one-of-a-kind can be tough to appraise.

If there aren’t good comps, the appraiser will try their best using nearby sales and cost-to-rebuild methods. Your REALTOR can help share any unique details or benefits that set your home apart.

Wrapping It All Up

The appraisal may seem like a mystery, but it doesn’t have to be scary. With the right prep and a smart REALTOR on your side, you can feel confident.

Whether you’ve got South Nashua houses for sale or you’re just exploring Southern NH homes, understanding these appraisal questions can give you peace of mind and a smoother sale.

Need Help with the Appraisal Process?

Let’s make it easy. If you're selling or buying in South Nashua or anywhere in Southern NH, I’m here to guide you. From prep to close, I’ve got your back. Let’s talk about your home’s value and next steps—today!

If you need more info on your appraisal questions, or are ready to sell your house give us a call at (603) 883-8840. You can also sign up for your dream home search or reach out to Our Agents for more information. We’d love to help you with your real estate needs.