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Avatar for Penny Smith Realtor/Appraiser
Penny Smith Realtor/Appraiser
5.0(
180
)
Appraisal - Real Estate

Serving Commerce, CA and surrounding areas

Approved

In business since 1978

Customers say: True professional

"This was an appraisal of a older condominium unit in a gated Southern California beach community for a trust administration. Unusual in that Penny did not have access to interior of the unit she had to appraise. She was very thorough in her research of the complex, and inspected a similar unit that was on the market, in addition to reviewing prior sales records and condition of the unit she appraised. Her comps were very good and it was clear that she'd done her due diligence to discern the appropriate sales, given the three different areas of buildout in the complex. She made a balanced and fair valuation of the property which was important for me to have as the Trustee, and reported on her considerations in good detail."
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+23

Response time7 hrs
Response rate100%
2 neighbors recently requested a quote
Avatar for James Beggs
James Beggs
4.9(
28
)
Appraisal - Real Estate

Serving Commerce, CA and surrounding areas

Approved

In business since 2003

Free estimates

Small jobs welcome

"I had Mr. James Beggs appraised one of my properties first and see how he does. I needed the step up in basis appraisal done right away so i would have the report before taxes were to be due in April. Mr. Beggs was able to do the appraisal right away, he arrived on time for our appointment to meet with him, explained my options on the appraisals and had the appraisal report within a few days. I was happy that he was able to do it right away and I was satisfied of his work so i requested him to do my other two properties as well. I requested for him to send me an online and a hard copy report of the appraisals and he did. Im a happy and a thankful client. Thanks Mr. Beggs and thank you too Home Advisor! This is my second time i used this site."
3 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Appraising LA
Appraising LA
4.7(
14
)
Appraisal - Real Estate

Serving Commerce, CA and surrounding areas

Approved

In business since 2005

Free estimates

Emergency services offered

"It went very well. Got three referrals and decided on one. Richard Pease came out at a convenient time for us and was able to give us a detailed appraisal the following day. He was professional, polite, pleasant, and informative."
Response time1 day
7 neighbors recently requested a quote
Recommended by100%of homeowners
The Appraisal School
5.0(
1
)
Appraisal - Real Estate

Serving Commerce, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

We are a locally owned and operated company that values honesty and integrity in all aspects of our business. Our major focus is on the quality of our work and producing outstanding results. We are committed to creating a level of value unmatched by any of our competitors. We look forward to building lasting relationships with our clients and guarantee your satisfaction!\n

Response time4 hrs
Response rate96%
1 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

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 differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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.

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 Commerce, CA homeowners’ guide to property appraisals

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