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Marden, LLC
New to Angi
Appraisal - Real Estate

Serving Enterprise, AL and surrounding areas

Approved

In business since 1991

Free estimates

Our mission at Marden, LLC is to continue the growth of our business by doing right by all of our clients. We love seeing that one of a kind smile on homeowner faces at the end of a project! Marden, LLC stacks up with the competition and surpasses it with competitive prices, second to none workmanship and a prompt/responsive team! We give you the quality that you can measure and a finished product that will enhance your home forever. Call us today!

Avatar for AMERICAN HOME INSPECTION
AMERICAN HOME INSPECTION
4.3(
13
)
Appraisal - Real Estate

Serving Enterprise, AL and surrounding areas

In business since 1994

Credit card accepted

"A couple minutes late, but notified in advance. Did a great job inspecting the home and explained everything while going through it. Inspection completed and report printed out before they left.
"
Recommended by81%of homeowners
Property Appraiser questions, answered by experts

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Enterprise, AL homeowners’ guide to property appraisals

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