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

Serving Roberta, GA 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 Lincoln Appraisal Group
Lincoln Appraisal Group
4.3(
2
)
Appraisal - Real Estate

Serving Roberta, GA and surrounding areas

In business since 2008

Free estimates

Credit card accepted

With over 10 years of experience helping both homeowners and lenders, I can help with any house or land appraisal you may require! Whether it is insurance, property tax, settlements, buying a house and/or land, selling a house and or land or just wanting to know how much your property is worth, I make it as easy as possible for the homeowner. For a knowledgeable, quick and easy real estate property appraisal done right, please call today!! I can not wait to hear from you! Please CALL our office at 229-467-9744 to schedule an appointment. \n\n

Response time5 days
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.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

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.

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

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 Roberta, GA homeowners’ guide to property appraisals

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