Question on appraisals

[Jason P.]

I’m doing a cash out refinance on my property (2.65%) and I want to get the highest appraisal amount.  This is my primary residence.  Since I have bought it I built a 14’X24’ shed on a slab permitted with electrical.  I also just built a new fence gate so I can get a trailer/boat/camper in the side yard.  Would those make the value go up at all or not really?  

[Jaron Walling]

@Jason P. In the grand scheme of things probably not. What improvements have been done to the kitchen, baths, HVAC, flooring, etc.? Those items are the real money makers when it comes to boosting the ARV.

The garage and fence will help but compare the ROI to example a new roof; it's like .78c per dollar invested.

I would research the comparable recently SOLD properties before you even approach the bank.