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Avatar for Greenway Construction & Tree Services
Greenway Construction & Tree Services
4.3(
7
)
Appraisal - Real Estate

Serving Pelham, GA and surrounding areas

In business since 1980

Free estimates

Emergency services offered

Greenway Construction & Tree Services is your Construction , Demolition & Tree company focused on servicing you. We will sell your home, find your dream home, manage your rental property, or remodel your home to look better than ever. We will redesign your home, build a new kitchen with all the extras, design a luxury bathroom, add a bedroom or sunroom, and make your home a delightful place of enjoyment. Our family has been the turn-key family business bringing your home up to date with all the class and amenities you have dreamed about. Call us today at 229-343-1334 or the office at 229-347-0968. We have built homes, remodeled businesses and homes, listed and sold, and helped you find buyers for years. We are a family you can trust.

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Recommended by100%of homeowners
Salter Appraisal Services
4.0(
1
)
Appraisal - Real Estate

Serving Pelham, GA and surrounding areas

In business since 1997

Free estimates

At Salter Appraisal Services, we have the comprehensive training and credentials to provide the level of credible property value opinions. With over 21 years of experience that only comes with doing the job, we are prepared to help our clients with practically any type of residential real estate appraisal. If you need an appraisal for any of the following reasons, give us a call today!\n

Response time10 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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 Pelham, GA homeowners’ guide to property appraisals

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