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Avatar for Mostad & Company, LLC
Mostad & Company, LLC
5.0(
3
)
Appraisal - Real Estate

Serving North Windham, CT and surrounding areas

In business since 2006

Free estimates

Credit card accepted

I pride myself on reliability, great communication, integrity, and quality work. I am an expert in Real Estate Appraisals in Connecticut and do my best to inform my clients on the process and keep them informed.\nI believe in asking a lot of questions regarding the property at hand.\nI am available 24/7 for emergencies. I look forward to working with you.

Pierrepont Lake
Response time4 hrs
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving North Windham, CT and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for Brooke Group, LLC
Brooke Group, LLC
5.0(
2
)
Appraisal - Real Estate

Serving North Windham, CT and surrounding areas

In business since 2009

"We have had a good experience working with the Brooke Group for appraisals. Customer service is strong, and the principals have high integrity. The appraisals we received were done well and met our needs."
Response time12 hrs
Recommended by100%of homeowners
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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The North Windham, CT homeowners’ guide to property appraisals

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