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Avatar for Greg Boswell Appraisals
Greg Boswell Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Niceville, FL and surrounding areas

In business since 1998

Free estimates

Emergency services offered

"I recently had the pleasure of working with Greg Boswell for my real estate appraisal, and I couldn’t be more satisfied. His deep knowledge of the market and clear, practical advice on how to add value to my property were invaluable. Greg’s professionalism, attention to detail, and genuine interest in helping me achieve my goals made the entire process smooth and stress-free. Highly recommended!"
Response time2 hrs
Avatar for Mark Revak, Inc.
Mark Revak, Inc.
4.9(
4
)
Appraisal - Real Estate

Serving Niceville, FL and surrounding areas

In business since 2005

Credit card accepted

Mark Revak, Inc. brings an unmatched commitment to excellence to your appraisal needs. I have 18 years experience delivering unsurpassed professionalism, expertise, and value. I take pride in providing our customers with personalized customer service, the highest industry standards, and top quality work. References available upon request. Give me a call today!

Response time2 days
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Niceville, FL 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
Property Appraiser questions, answered by experts

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.

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.

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. 

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The Niceville, FL homeowners’ guide to property appraisals

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