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Avatar for Cravens Appraisal, LLC
Cravens Appraisal, LLC
5.0(
4
)
Appraisal - Real Estate

Serving Ola, AR and surrounding areas

In business since 2016

Free estimates

Emergency services offered

At Cravens Appraisal, LLC, we specialize in providing professional real estate valuation services. Appraisal reports are prepared with the precision that the industry demands. All of our assignments comply with the Uniform Standards of Professional Appraisal Practice. We appraise all types of residential properties: single family, acreages, condominiums, 2-4 family investment properties, vacant lots and high-end lakefront dwellings. With over 10 years of appraisal experience, (7 years real estate appraisals & 3 years title insurance underwriting) serving the Arkansas River Valley area, Cravens Appraisal, LLC, has built its business on integrity, honesty and accuracy! Lastly, we are fully capable of providing Spanish speaking services and reports. Call us today for your free estimate!

Large Home in Alma w/ Multiple Shops
Rear Exterior
Large Deck & Yard
Alma New Construction
Response time3 days
Recommended by100%of homeowners
Home Base Appraisal Management
New to Angi
Appraisal - Real Estate

Serving Ola, AR and surrounding areas

In business since 2013

Free estimates

Credit card accepted

Home Base Appraisal Management was founded in May 2009. We started our company with high hopes in the front room of the owner's home. We took everything one step at a time and have achieved more than we ever thought we would. After 6 years in business, we have grown out of the basement and have become one of INC 5000's fastest growing companies in America. Home Base Appraisal Management has a reputation of outstanding communications and customer service. We have one of the nations largest networks of appraisers and provide appraisal services in the majority of the United States. Please call us today to book your appointment!

Response time4 days
Property Appraiser questions, answered by experts

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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. 

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

The Ola, AR homeowners’ guide to property appraisals

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