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

Serving Willimantic, 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 Willimantic, 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 Willimantic, 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

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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.

The Willimantic, CT homeowners’ guide to property appraisals

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