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TRUSTED BY GIBSON, AR HOMEOWNERS

  • Average homeowner rating star icon4.6
    Average homeowner rating
  • Verified reviews icon12
    Verified property appraisals reviews

Find Property appraisers in Gibson

Avatar for Red
Red
4.5(
13
)
Appraisal - Real Estate

Serving Gibson, AR and surrounding areas

In business since 2004

Free estimates

Credit card accepted

"Professional and thorough work. Josh came at relatively short notice to perform an appraisal on a sale property after inspection had revealed a number of expensive repairs and closing was just a few days away. He was prompt in getting his report to me. When the emailed report came out too small to print legibly, he printed out a larger (legal size) copy and hand delivered it to me at my home. I would have no hesitation in recommending him."
Home Appraised
Home Appraised
Home Appraised
Home Appraised
Home Appraised

+9

Response time1 day
Recommended by91%of homeowners
Avatar for Lake Hamilton Appraisals
Lake Hamilton Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Gibson, AR and surrounding areas

In business since 2022

Free estimates

Credit card accepted

Lake Hamilton Appraisals is committed to excellence in 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.

Response time1 day
Response rate92%
Recommended by100%of homeowners
Spurlock Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Gibson, AR and surrounding areas

In business since 2004

Free estimates

Spurlock Appraisals is committed to excellence in 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.

Response time2 hrs
Recommended by100%of homeowners
Avatar for Smith Appraisal Group, Inc
Smith Appraisal Group, Inc
5.0(
1
)
Appraisal - Real Estate

Serving Gibson, AR and surrounding areas

In business since 2003

Free estimates

Credit card accepted

We are committed to excellence in 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 customer's interests, and make their concerns the basis of our business.

Response time4 hrs
Response rate95%
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Property Appraiser questions, answered by experts

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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 average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Gibson, AR homeowners’ guide to property appraisals

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