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MCM Appraisals LLC
4.9(
8
)
Appraisal - Real Estate

Serving Armona, CA and surrounding areas

In business since 2008

Free estimates

"Mark was very quick to respond and was able to come to the property within days, not weeks, as other appraisers told me. The work was done within a week from first contact. Mark is very professional and friendly."
Response time9 hrs
Response rate96%
Recommended by100%of homeowners
Accurate Appraisal, LLC
New to Angi
Appraisal - Real Estate

Serving Armona, CA and surrounding areas

In business since 2000

Free estimates

Credit card accepted

Customer satisfaction is what determines our success, which is why we take a hands-on approach. When interacting with our company, you'll notice that we're particularly focused on the principles of quality workmanship, timely completion, competitive pricing and integrity in all our business dealings. We combine knowledge and research with our extensive practical experience to ensure a specialized approach for your project needs. Contact us today for a fair and accurate estimate of your project. We look forward to adding you to our long and growing list of happy customers.\n

Property Appraiser 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 you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

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 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. 

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

The Armona, CA homeowners’ guide to property appraisals

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