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How much does a renovation evaluator make
The average salary for a Renovation Scope Evaluator is $50642 per year in US. Click here to see the total pay, recent salaries shared and more!
How many months back do appraisers look?
4. When an appraiser is looking for comparable properties to determine a price, they are supposed to only look at sales within the last 90 days. Now, if there aren't enough sales a lender might go back six to 12 months. But the ideal is 90 days.
What improvements increase appraisal value?
If you replaced any appliances in your kitchen, renovated a bathroom or performed any other improvement projects, document the costs and dates of the upgrades. Seemingly small fixes like replacing older countertops or getting a new dishwasher can add value to your home.
Should I save receipts for home improvements?
If your home improvement project is tax deductible, keep all project-related receipts for tax and insurance purposes. Once you've filed a federal tax return, the IRS recommends keeping your tax records for three years after the date you filed or two years after the date you paid taxes—whichever is later.