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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

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. 

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.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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 Ola, AR homeowners’ guide to property appraisals

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