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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Starke, 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
Avatar for Arbortech Tree Experts LLC
Arbortech Tree Experts LLC
4.4(
5
)
Appraisal - Real Estate

Serving Starke, FL and surrounding areas

In business since 1998

Emergency services offered

Credit card accepted

"As a single woman, I am always a little worried when I have to call in an outside company to do work for me.  I have had expereinces in the past where I'm pretty sure I was taken advantage of.  Richard alleviated all of those concerns for me right off the bat.  I felt like I had an advocate who was genuinely interested in making sure I got a fair deal and high quality work.  Going forward I will call Richard anytime there is an issue with any of the trees on my property.  He is fair, extremely knowledgable, dependable, and very professional."
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Recommended by80%of homeowners
Coy Davis Appraisal Services Inc
5.0(
1
)
Appraisal - Real Estate

Serving Starke, FL and surrounding areas

In business since 2007

\nCoy Davis Appraisal Services 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.

Response rate100%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

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.

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. 

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The Starke, FL homeowners’ guide to property appraisals

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