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Back Porch Appraisal, LLC
5.0(
2
)
Appraisal - Real Estate

Serving Avon, CO and surrounding areas

In business since 2012

Credit card accepted

We pride our company on reliability, great communication, integrity, and quality work. We strongly believe in giving our absolute best in all of our projects no matter how big or small. We are experts in our trade and will always keep you educated on your particular task or project. We look forward to earning your business!\n

Response time12 hrs
Recommended by100%of homeowners
Home Base Appraisal Management, LC
New to Angi
Appraisal - Real Estate

Serving Avon, CO and surrounding areas

In business since 2013

Free estimates

Credit card accepted

Home Base Appraisal Management, was founded in May 2009. We started our company with high hopes in the front room of the owner's home. We took everything one step at a time and have achieved more than we ever thought we would. Home Base Appraisal Management, has a reputation of outstanding communication and customer service. We have one of the nations largest networks of appraisers, and provide appraisal services in the majority of the United States. Please call us today to book your appointment!

Response time5 days
Property Appraiser questions, answered by experts

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. 

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

The Avon, CO homeowners’ guide to property appraisals

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