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Avatar for Gold Rush Appraisal, LLC
Gold Rush Appraisal, LLC
4.6(
18
)

Serving Edwards, CO and surrounding areas

In business since 2017

Emergency services offered

Credit card accepted

"Maverick AG provided outstanding service. The team was professional, responsive, and efficient. The appraisal process was smooth, and all documents were sent promptly. Highly recommend Maverick AG for accurate and reliable appraisals!"
Recent Appraisals
Recent Appraisals
Response time5 hrs
Response rate91%
1 neighbors recently requested a quote
Back Porch Appraisal, LLC
5.0(
2
)

Serving Edwards, 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

Serving Edwards, 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

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.

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.

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.

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 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 Edwards, CO homeowners’ guide to property appraisals

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