09/17/2026
CHANGES ARE COMING!
That kitchen remodel deserves more than “I think we did it a few years ago.” Save the receipts, take the photos, and write down the completion date.
A new appraisal reporting standard, UAD 3.6, becomes required November 2, 2026, for new appraisal submissions to Fannie Mae and Freddie Mac’s portal, affecting conventional loans delivered to those agencies. Some lenders are already using it.
What’s different? The new report captures more detail about your home’s condition, quality, and updates, including kitchens, bathrooms, and flooring.
SELLERS: My advice is to start a home improvement folder now. Keep:
• Receipts and contractor invoices
• Dates each project was completed
• A clear description of what was done
• Permits and final inspection records, when applicable
• Before-and-after photos
• Warranties and equipment details
Don’t rely on “recently remodeled.” Give the appraiser useful information about what actually changed.
Important distinction: This is not a blanket “no receipt, no value” rule. The new guidance calls for more detailed property reporting, not a universal seller-receipt requirement.
And spending more on a remodel does not guarantee an equal increase in appraised value; renovation cost and contributory value are different things.
BUYERS AND SELLERS: Be prepared for the possibility of higher appraisal fees and longer turnaround times during the transition. An August 2026 appraiser survey found many respondents expect both, but the impact will vary by transaction
My recommendation? Ask your lender about fees and timing early, and don’t leave gathering improvement records until the last minute.
Planning a Central Coast move? Message me and let’s talk about how to prepare.
Wendy Lewis | A List Properties
(805) 423-5825 | DRE #02058102
#02058102