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  • Verified reviews icon17
    Verified property appraisals reviews

Find Property appraisers in Indialantic

Avatar for Florida Appraisal Service, LLC
Florida Appraisal Service, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Indialantic, FL and surrounding areas

Approved

Super Service Award Winner

In business since 2020

Free estimates

Offers commercial services

"We recently worked with appraiser Andrew on a property we have listed in Vero Beach, and the experience was excellent. Communication was prompt, clear, and to the point, with any questions addressed quickly and professionally. Andrew was a pleasure to work with and delivered the report on time, if not earlier. Great job, and thank you!"
Attic Inspection
Sketch to ANSI
Interior & Exterior Inspection
Response time6 hrs
Response rate93%
3 neighbors recently requested a quote
Space Coast Appraisal
4.5(
36
)
Appraisal - Real Estate

Serving Indialantic, FL and surrounding areas

In business since 2002

"Matthew was professional, courteous and accommodating in performing two appraisals back-to-back at times convenient to the property manager and tenants to minimize the time they needed to take from their respective jobs to allow access to the properties. Doing so also allowed him to give a good quote on his services, as he was able to perform his work in short order with one principal contact going straight from one property to the next. He also easily accommodated the need for the appraisals to be as of a specific date in the past, in order for them to be used as a Fair Market Valuation for a legal report. His work products were provided quickly in electronic format, as desired, and met all needs and expectations."
Response time1 day
Recommended by96%of homeowners
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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. 

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

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 cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Indialantic, FL homeowners’ guide to property appraisals

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