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

Serving Trafford, 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
Gregory James CO
5.0(
1
)
Appraisal - Real Estate

Serving Trafford, AL and surrounding areas

In business since 1984

Free estimates

Credit card accepted

"The appraisal was done professionally, efficiently and timely. Greg Shelley, who did the appraisal for our property was easy to work with, thorough and very helpful. He was easily contacted for follow-up questions and quickly responded to my inquiries. I highly recommend Greg Shelley and his company Gregory James CO."
Response time9 hrs
Recommended by100%of homeowners
Avatar for Pierce Home Appraisals
Pierce Home Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Trafford, AL and surrounding areas

In business since 2009

Credit card accepted

OVER 20 YEARS EXPERIENCE!!!\n\nHIGHEST QUALITY WORK IN THE STATE\n\nTOP RATED HOME ADVISOR PRO!!\n\nWelcome to Pierce Home Appraisals!\n\nWe take pride in the quality of work and customer satisfaction that we give each and every customer! We are known to pay exquisite attention to detail, while making customer satisfaction our top priority. Call us today to learn more about how we can help!! \n\n

Response time2 days
Recommended by100%of homeowners
Certified Valuation Group, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Trafford, AL and surrounding areas

In business since 2011

Free estimates

With over years of experience, CERTIFIED VALUATION GROUP LLC is committed to excellence every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business. Call us today!

Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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.

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.

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). 

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.

The Trafford, AL homeowners’ guide to property appraisals

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