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Avatar for Morales Real Estate Appraisal Services, LLC
Morales Real Estate Appraisal Services, LLC
4.9(
174
)

Serving Brookfield, CT and surrounding areas

Approved

Super Service Award Winner

In business since 1987

Free estimates

Emergency services offered

"I have a real estate business in New York. I also have property iin Connecticut. I needed a time sensitive appraisal on 4 properties. I was lucky enough to find Elliott Morales, who is by far the most knowledgeable, most thorough, most efficient, and best appraiser I have ever worked with. He went above and beyond, both in his research and his doing the appraisals in a very short time. I cannot speak more highly of anyone in his business."
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+31

Response time8 hrs
43 neighbors recently requested a quote
Recommended by82%of homeowners
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Property Appraiser questions, answered by experts

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

Yes, home appraisers look at your windows when appraising your property to determine the market value of your home. They’ll factor in the type of windows, quality, condition, whether or not there are screens covering the windows, frame materials, size, insulation, and more to come up with an unbiased property assessment.

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 Brookfield, CT homeowners’ guide to property appraisals

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