Everything You Need to Know About Getting a Home Appraisal Before Selling

Everything You Need to Know About Getting a Home Appraisal Before Selling

  • The Lisa Quam Group
  • 09/17/25

A home appraisal is one of the most essential steps in preparing your property for the market. Unlike an inspection, which evaluates condition and systems, an appraisal determines fair market value based on comparable sales and current demand. Understanding the process helps you make informed decisions, avoid pricing errors, and negotiate effectively. This guide outlines everything you need to know about getting a home appraisal before selling.

The Purpose of an Appraisal

An appraisal provides an unbiased estimate of your home's current market value. Lenders require appraisals to ensure the property value supports the loan amount, but sellers can order appraisals before listing to gain an accurate baseline for pricing.

If you overprice, the home may sit unsold. If you underprice, you risk leaving money on the table. By securing an appraisal in advance, you gain clarity and avoid relying solely on online estimates or personal assumptions. In competitive areas such as Summerlin, Nevada, the accuracy of valuation can significantly affect market outcomes.

How Appraisers Evaluate a Property

Appraisers look at comparable sales, often called “comps,” within the same area. They compare square footage, condition, age, design, and amenities. Neighborhood features and recent sales trends also influence their calculations.

They also walk through the property to observe upgrades, finishes, and layout. For example, a renovated kitchen or upgraded HVAC system can increase value. This professional assessment is one of the most important parts of everything you need to know about getting a home appraisal before selling, as it highlights how detailed the process can be.

Differences Between an Appraisal and an Inspection

An inspection identifies defects, while an appraisal determines value. Both processes matter when selling, but their roles are different. Inspections in Summerlin, Nevada, often highlight roof condition, HVAC performance, and structural details, while appraisals focus on how those features translate into market value.

Understanding the difference prevents confusion. You may receive a clean inspection but still face a lower appraisal if market comps don’t support your desired price. Recognizing these distinctions is part of everything you need to know about getting a home appraisal before selling.

Preparing for the Appraisal

Sellers can influence appraisers by ensuring the property is clean, well-presented, and free of deferred maintenance. While appraisers focus on objective data, presentation still affects perceived condition. Fresh landscaping, tidy interiors, and documented upgrades make the appraisal smoother.

Gather records of improvements such as new windows, roof replacements, or energy-efficient systems. These details provide evidence of investment and can positively affect valuation. Preparing in this way ensures you maximize the potential outcome.

How Appraisals Affect Pricing Strategy

The appraisal result can confirm or challenge your pricing expectations. If the appraised value matches your listing price, it strengthens your confidence. If it comes in lower, you may need to adjust your expectations or prepare for buyer negotiations.

In fast-moving markets like Summerlin, an appraisal gives you solid ground for pricing decisions. Buyers are more likely to take offers seriously when supported by a professional valuation. This connection to pricing strategy makes appraisals one of the most valuable tools before listing.

What Happens if the Appraisal is Low

A low appraisal can cause challenges. Buyers’ lenders may not approve the loan unless the purchase price aligns with the appraised value. This can result in renegotiations, price reductions, or canceled deals.

To prepare, sellers can order their own appraisal in advance. Having this information upfront helps you avoid surprises later. It also allows you to address discrepancies by reviewing comps or considering another professional opinion.

The Cost of an Appraisal

Appraisal fees vary based on property size, complexity, and location. On average, sellers expect to pay several hundred dollars for the service. While it is an expense, the insights provided are worth the investment.

For sellers in Summerlin, Nevada, this cost is minimal compared to the potential financial impact of mispricing. Spending upfront on an appraisal can save time and protect your bottom line during negotiations.

Using the Appraisal in Marketing and Negotiations

A strong appraisal report can be shared with potential buyers to demonstrate that your asking price reflects market conditions. This adds credibility to your listing and reduces the chance of drawn-out negotiations.

In some instances, sellers even highlight the appraisal in marketing materials. Doing so reassures buyers that the property has been professionally valued. Leveraging this document strategically is part of everything you need to know about getting a home appraisal before selling.

Work With the Summerlin Real Estate Expert, Lisa Quam

An appraisal provides clarity and confidence as you prepare to sell. It confirms market value, informs pricing strategy, and reduces surprises during the transaction. For sellers in areas like Summerlin, Nevada, ordering an appraisal before listing ensures you enter the market prepared and positioned for success.

When navigating Summerlin’s luxury market, Lisa Quam brings over two decades of hands-on expertise and deep local insight. A Fine Home Specialist with over 20 years in real estate and over 40 years as a Las Vegas resident, Lisa has built her reputation on expert negotiation, open communication, and a seamless client experience. Lisa was mentored by the late Florence Shapiro, a pioneer in Las Vegas luxury real estate, and carries that legacy forward by delivering a high level of service to every buyer and seller she represents.

Contact Lisa today and browse Summerlin real estate here.



Work With The Lisa Quam Group

Whether you're buying or selling, Lisa highly recommends working with an experienced luxury realtor professional who has their finger on the pulse of the market in which you are interested and who will negotiate on your behalf with your best interest at the forefront.