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Avatar for Alaska Real Estate Apprasial
Alaska Real Estate Apprasial
5.0(
1
)

Serving Chugiak, AK and surrounding areas

In business since 2005

Credit card accepted

Alaska Real Estate Appraisal is a locally owned and operated company with 14+ years of industry experience. We value honesty and integrity and stand behind our work. We look forward to building long-term relationships with our clients and guarantee your satisfaction!

Response time1 day
Recommended by100%of homeowners
Avatar for Cozy Home Hawaii
Cozy Home Hawaii
4.5(
2
)

Serving Chugiak, AK and surrounding areas

Credit card accepted

"It was really good and they did more than I asked them to do. They also arranged my furniture and did the vacuumed. They even made suggestions and I felt comfortable. They really took care of everything and did a great job."
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Recommended by100%of homeowners
Property Appraiser questions, answered by experts

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Yes, built-in bookshelves can be worth the investment and can add value to your home, especially when constructed from high-quality, timeless materials like luxury hardwood. They offer a practical and stylish storage solution that utilizes wall space effectively. While they cost more than store-bought units, the custom fit and potential to increase your property's resale value make them a desirable feature for many buyers, particularly for homeowners with large book collections. For the best return on investment, consider having them professionally built.

The Chugiak, AK homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.