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Avatar for Susan Brooks
Susan Brooks
4.9(
19
)
Appraisal - Real Estate

Serving Lagrange, GA and surrounding areas

In business since 2004

Free estimates

"We have postponed the appraisal but Susan was very helpful and informative. I will definitely use serif an appraisal comes necessary. 3/26 have now done appraisal; very thorough and professional, excellent product, obviously knows her business. I am very pleased and recommend Susan without reservation."
Response time2 hrs
Response rate92%
Recommended by94%of homeowners
Burdette Appraisal
5.0(
1
)
Appraisal - Real Estate

Serving Lagrange, GA and surrounding areas

In business since 1998

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!

Response time7 hrs
Property Appraiser questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

The Lagrange, GA homeowners’ guide to property appraisals

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