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Avatar for Bay Area Real Estate Appraisals
Bay Area Real Estate Appraisals
4.9(
23
)
Appraisal - Real Estate

Serving Petaluma, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

"I can highly recommend Bay Area Real Estate Appraisals! Eric did thoroughly professional work & is a kind gentleman indeed. Thank you for such efficient & great work!"
Response time1 day
Response rate94%
1 neighbors recently requested a quote
Avatar for Vallance Appraisals
Vallance Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Petaluma, CA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

"Nancy was very professional, accurate and fast! I had many appraisals done in my properties thru the years and she has been the best by far. I highly recommend her!"
Bolinas Bay
Bolinas Bay
Entry of Subject
Orizaba Ave
NANCY AND CARRIE WORKING

+1

Response time7 hrs
Response rate91%
Recommended by100%of homeowners
San Francisco Bay Area Appraisers
4.8(
5
)
Appraisal - Real Estate

Serving Petaluma, CA and surrounding areas

In business since 2008

Credit card accepted

Offers commercial services

"Pro: Quick same day service. Detailed and accurate appraisal report. Con: He should state ahead of time the fact the he wants payment before providing the appraisal report. I was expecting a report and an invoice, after agreeing to hire him over the phone, but it took lengthy conversation after the home visit to get him to produce the report. Ultimately all was well but this phone-arguing seemed unnecessary and unprofessional."
Response time2 hrs
Recommended by100%of homeowners
Showing 1-10 of 26
Property Appraiser questions, answered by experts

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

The Petaluma, CA homeowners’ guide to property appraisals

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