When you are getting ready to sell your house, one of the things you will need to do is have it appraised.
The appraisal determines the value of your home, and you must understand what the appraiser is looking for.
Aside from checking the house, appraisers also look in closets. The reason behind this is that they need to see the condition of your home and what type of storage space is available.
They will also check to see if there are any signs of water damage or mold.
At first, you might think that appraisers are nosy people. But the truth is, they are systematic in how they do things.
When appraisers come to your house, they will first look at the outside of the property. They will then start measuring each room that covers the closet.
Appraisers Need to Know the Total Living Space
The reason appraisers need to measure closet space is that it is a part of the square footage of the house. And the total square footage is one of the factors that determine the value of your home.
So, if you have a large closet, it will add to the total square footage of your house and increase its value. On the other hand, if you have a small closet, it will not affect the value of your property.
Do Appraisers Check Drawers?
As a homeowner, you want to know that you are getting the most value for your home.
After all, your home is likely your priciest investment. So, when it comes time to sell, you want to make sure that you are getting the best possible price. One way to do this is to hire an appraiser.
Many people think that appraisers go through every nook and cranny of a house when they appraise it though this is not true.
Appraisers only need to know the dimensions of the house to give an accurate appraisal.
That means they do not need to know what is in the drawers and cabinets.
The appraiser only needs to open them to verify that they are functional and measure the space inside.
What Are the Types of Closets That Appraisers Look For?
There are three main types of closets that appraisers typically look for: walk-in, reach-in, and wardrobe.
The Walk-in Closet
A walk-in closet is a room in a house or apartment used for storage, usually for clothes. A walk-in closet is just a room with a few shelves and racks.
However, in some, a walk-in closet may be a large room with several sections, including a dressing area and a workspace.
The walk-in closet can affect the appraisal of a home because they are usually in the main bedroom, and they can add value to the property by increasing the amount of usable space.
In addition, walk-in closets often include features such as built-in storage, custom shelving, and spacious center islands, which can also increase the value of a home.
The Reach-in Closet
A reach-in closet is a closet designed to be shallow in-depth, typically no more than 24 inches.
This shallow depth allows the user to easily reach all items without moving or shuffling around clothing hangers or other items.
These closets are typically 6 feet wide or less and may be placed along a wall or within a room.
For instance, a configuration includes two rows of shelves for storing folded clothes, with a row of hooks below for hanging outerwear.
While reach-in closets are not as large as walk-in closets, they can still provide ample storage space for an individual’s clothing and belongings.
Additionally, you can add drawers, shelves, and hanging rods to address specific needs and maximize space.
Although a reach-in closet can’t add a significant value to a property, it can still be a desirable feature.
If you are looking to get your house appraised, it won’t hurt to mention that you have a reach-in closet.
A wardrobe is a type of storage cabinet that typically is taller and narrower than a dresser.
It is usually for storing clothes but can also hold other items such as linens, towels, or small electronics. Because a wardrobe takes up less floor space than dressers, it is for small bedrooms.
When it comes time to appraise a house, wardrobes can add to the value of a property. Because it is typically more slender than dressers, it can help make a small room appear larger.
In addition, the extra storage space provided by a wardrobe can be seen as a valuable asset by potential buyers. As a result, including it in a home can help to increase its appraisal value.
What Are the Different Types of Closet Space?
There are three types of closet space: “Empty” space, storage space, and hanging space.
When you’re getting your home appraised, the appraiser will take note of the different types of closet space in your home. They’ll measure the square footage of each and then assign a value to it.
But what happens if you have a space in your closets? Or if you use part of a closet for storage? Does that affect the appraisal at all?
Let’s look at some different types of closet space and how they can affect an appraisal.
When it comes to appraising a home, closets are often one of the places appraisers look. That’s because empty closet space can be a tell-tale sign of hidden problems, such as inadequate storage or poor organization.
Some appraisers even consider empty closet space a negative feature, as it can make a home seem smaller and less inviting. However, there are also some positive aspects to “empty” closet space.
For instance, empty closets can give the impression of more available storage. They can also make a room appear more spacious and airy.
Ultimately, whether “empty” closet space is considered a positive or negative will depend on the specific appraiser’s opinion.
Homeowners seeking to maximize the value of their property should pay close attention to their storage closet space.
Often, these areas are overlooked or underutilized, but they can affect the overall appraisal value of a home.
By adding shelving, hooks, and other organizers, homeowners can turn a cluttered storage closet into a well-organized space perfect for storing seasonal decor, sports equipment, or extra bedding.
In many cases, simply adding some additional storage solutions can add hundreds of dollars to the appraisal value of a home.
When talking about home décor, “hanging space” and “appraisal” might not have much in common. However, if you’re looking to add value to your home, understanding the concept of hanging space is crucial.
Simply put, hanging space is the area on a wall for displaying art or other objects. When appraising a home, appraisers look at the amount of “hanging space” as it can impact the total value of the property.
More specifically, appraisers will look at the height of the ceilings and the width of the walls to determine how much hanging space is available.
So if you’re looking to add value to your home, making sure there is plenty of hanging space is a good place to start.
The reason behind appraisers looking at closets may significantly vary. While there is no universal answer to this question, appraisers do generally look in closets for several reasons.
Closet space can be a valuable commodity, and if your closet is large or well-organized, it could add value to your home. Additionally, appraisers may look in closets for signs of damage, neglect, or other problems that could impact the value of your home.
So, while you may not need to do a deep clean before your appraisal, it’s a good idea to keep your closets tidy and organized.