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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

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.

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.

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.

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 Pelham, GA homeowners’ guide to property appraisals

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