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Avatar for Michael E. Minden Diamond Jewelers
Michael E. Minden Diamond Jewelers
4.0(
4
)
Appraisal - General

Serving Seligman, AZ and surrounding areas

In business since 1988

Free estimates

Credit card accepted

"The staff at Michael E. Minden Diamond Jewelers is amazing! They always go above and beyond for my family. I had an incredible time custom designing my ring with their expert jewelers. They truly have the best prices and the best customer service in Las Vegas. HIGHLY RECOMMEND!"
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Recommended by75%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

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.

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. 

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Seligman, AZ homeowners’ guide to antique and jewelry appraisals

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