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

Serving Wolcott, CT and surrounding areas

Approved

Super Service Award Winner

In business since 1987

Free estimates

Emergency services offered

"Iâ m a realtor in CT and Elliot is the BEST appraiser Iâ ve worked with! Heâ s punctual, honest and more importantly fair. My client had more than one property appraised and refused to work with anyone but Elliot. We love you Elliot!"
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+31

Response time8 hrs
42 neighbors recently requested a quote
Recommended by82%of homeowners
Avatar for RJG Appraisal
RJG Appraisal
5.0(
9
)
Appraisal - Real Estate

Serving Wolcott, CT and surrounding areas

Approved

In business since 1983

Free estimates

Customers say: True professional

"I have hired Bob through my law firm to perform real estate appraisals for divorce and probate clients for approximately 20 years. His work is always professional, reasonable and timely. I have always had positive feedback from the property owners. Highest recommendation."
Response time7 hrs
25 neighbors recently requested a quote
Recommended by75%of homeowners
Shoreline Property Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Wolcott, CT and surrounding areas

Approved

In business since 2001

Customers say: Quick response

Shoreline Property Appraisals is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade, combined with ability, is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business. We value properties for sales, legal situations and current market value. \nTypical Fee: Residential Single family home $400.00\nTypical Fee Water influenced Residential home $500.00\nTypical Fee Multi family Residential home $575.00 \nPLEASE NOTE: COMMERCIAL DWELLINGS AND UNDEVELOPED LAND ARE NOT INCLUDED IN THE SERVICES OFFERED.

Response time5 hrs
Recommended by100%of homeowners
Appraisal Doctors
New to Angi
Appraisal - Real Estate

Serving Wolcott, CT and surrounding areas

Approved

In business since 1998

We take great pride in our experience, expertise, quality and customer service, that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship, and complete customer satisfaction, from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate, with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large, or small the job. Call us today!

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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. 

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

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 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.

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.

The Wolcott, CT homeowners’ guide to property appraisals

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