Since an assessed home value is for tax purposes only, it can be much more or much less than the market value. Ideally, they should be the same, but usually, they are not; it is based on a percentage of the appraised value determined by a professional. The assessor will consider all these things when appraising a home, from legal descriptions to onsite inspections to comparable home-selling prices. Location near industry, high traffic, or potential development will also affect the appraisal.
LIVING IN A FISHBOWL
A house on the market requires keeping the home in a constant "show-ready" condition, and changes in day-to-day life are inherent in the process. Sellers get unexpected phone calls at all hours from unrepresented prospects and buyers' agents to show the home and frequent updates by phone, email, and text and show appointment scheduling messages from the listing agent. They also will likely deal with repair and reconditioning appointments and inspections. The house may be photographed for online, periodical, or brochure presentations. There are repeated showings when the home first hits the market. Keep your home in pristine, showing condition for impromptu visitors — the perfect prospect might just drop in at dinnertime.
CHILDREN AND PETS SHOULD BE UNSEEN, UNHEARD
Children (and Pets) should be unseen and unheard. I know, this sounds harsh. Children and pets are distractions for potential buyers, affecting their experience of your home. It would be best if you planned for your children to be elsewhere with your pets crated or taken for a walk, with no toys lying about or dog hair on the sofa. The dishes should always be done and the kitchen sparkling.
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