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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
75
)
Appraisal - Real Estate

Serving Mountain Brook, AL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
953 neighbors recently requested a quote
Avatar for Monika Glennon
Monika Glennon
5.0(
35
)
Appraisal - Real Estate

Serving Mountain Brook, 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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Recommended by100%of homeowners
Authentic Appraisals, LLC
4.6(
9
)
Appraisal - Real Estate

Serving Mountain Brook, AL and surrounding areas

In business since 1998

"Norman was awesome, he came out for an appraisal on my home for a refinance. He came in, he was quick, thorough, I hardly even knew he was there, except for the fact my dogs would not shut up barking. He was very patient and understanding. He was very knowledgeable in answering any question I had. I would highly recommend this company."
Response time6 hrs
Recommended by87%of homeowners
Avatar for Apex Appraisals, LLC
Apex Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Mountain Brook, AL and surrounding areas

In business since 2015

At Apex Appraisal we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job.

Response time3 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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. 

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

The Mountain Brook, AL homeowners’ guide to property appraisals

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