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Searcy Appraisals, LLC
New to Angi

Serving Madison, FL and surrounding areas

In business since 1980

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\nAsset division for situations like a divorce\nDeciding on a listing price for your property\nTax Challenges (reducing property taxes) if you live in an area where house prices have declined\nDetermining market value on real estate related to a bankruptcy\nFiguring out the value of home improvements you may have done or are deliberating\nRetrospective appraisals\n

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. 

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

The Madison, FL homeowners’ guide to property appraisals

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