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Ballew & Company
3.5(
12
)
Appraisal - Real Estate

Serving Lodi, CA and surrounding areas

In business since 1990

Free estimates

"Rebecca was wonderful to work with. She is knowledgeable and helpful. She kept me informed and updated during the entire process of the appraisal on my property. Besides being professional, Rebecca is a very nice person with warmth, understanding and humor. I would definitely recommend Ballew and company Personally I will use Rebecca with any future transactions or needs that may arise"
Response time5 hrs
Response rate90%
Recommended by85%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Lodi, CA and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Marketplace Homes has managed two residential rental properties for me, and everything has always been very easy. They coordinate showings, negotiated rent with tenants, and hired contractors as needed at each property. I would use them for any rental property I have in the future!"
Recommended by77%of homeowners
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Property Appraiser questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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 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 condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

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.

The Lodi, CA homeowners’ guide to property appraisals

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