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Mention features like a newly renovated kitchen, spacious backyard, or energy-efficient windows. List any recent renovations or upgrades, such as a new roof, updated HVAC system, or remodeled bathroom. Include details about the neighborhood, such as proximity to schools, parks, public transportation, and shopping centers.
Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase. Public transport locations.
Renovation loan assessments. Any existing easements or zoning issues. Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage.
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