Should I get an appraisal done?

The quick answer is no.  You should get a CMA, a comparative market analysis done.

Exactly what Is Appraised Value?

It's an objective opinion of value, but it's not an exact science so appraisals may differ.   Appraisal can vary widely in price (value) from one appraiser to another.  Very rarely does a home sell for what an appraiser would appraise it for.

For buying and selling purposes, appraisals are usually based on market value-what the property "could" probably be sold for. Could is the magic word.  Market factors as how many other homes are for sale, how nice the homes help determine how much a home sells for. property tax purposes.   So appraised value is not a constant number. Changes in market conditions can dramatically alter  the appraised value.

Appraised value doesn't consider the quality of the house, the special small amenities.  Appraisals done by state license appraisers usually put more value on comparing square footage to square footage.  The number of bathrooms, and the number of bedrooms are more important than a neutral freshly painted home with nice carpets.  Sometimes a nice home with two bedrooms may sell for more than a three bedroom home that was appraised for more.  Appraisals are great for the banks to determine whether to grant a loan, but a CMA, comparative market analysis is better to determine what to list your house for.

By having an experienced real estate agent do a CMA they will be comparing houses that have sold, all the homes features and downfalls, in addition to the basic square footage and number of rooms.  They look at what is currently on the market and those prices, so your home is competitively priced and does not sit on the market.

So if you are thinking of putting your Wayne County Home, or Oakland county home, or any Michigan home up for sale get a CMA done, not an appraisal.  When you list your house for sale it will be competitively priced and sell quicker if you listen to the agent and read the CMA.