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Avatar for Monika Glennon
Monika Glennon
5.0(
35
)
Appraisal - Real Estate

Serving Arab, AL and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"Monika helped me find the house which fit the best to my requirements. She helped me in the negotiation process, with surprisingly good results. I can highly recommend Her services. She is a person, joy to work together."
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Additional Photos
Recommended by100%of homeowners
Avatar for Echols
Echols
3.0(
2
)
Appraisal - Real Estate

Serving Arab, AL and surrounding areas

Free estimates

Emergency services offered

Credit card accepted

Our mission is to be a provider that brings back the personal touch with our customers. We will build a relationship that will last a lifetime once you see our quality work. We're passionate about delivering an exceptional experience. When you hire us, you're hiring a team of elite professionals who are trained and skilled to deliver long lasting value to your home. As a locally owned and operated business we feel invested in our clients and constantly strive for customer satisfaction. We won't leave until the job is done right!

New sink, toilet, tub, flooring, and paint.
Water dripping made sure had something so didn't cause anymore water damage.
Handymen Project
Tearing old bathroom out
Handymen Project

+24

Recommended by50%of homeowners
Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The Arab, AL homeowners’ guide to property appraisals

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