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Steenhoek Appraisal, Inc.
4.0(
3
)
Appraisal - Real Estate

Serving Colfax, IA and surrounding areas

In business since 2004

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 are 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!\n*Asset Valuation for Estate/Probate inventory/settlement\n*Asset division for situations like a divorce\n*Deciding on a listing price for your property\n*Tax Challenges (reducing property taxes) if you live in an area where house prices have declined\n*Determining market value on real estate related to a bankruptcy\n*Figuring out the value of home improvements you may have done or are deliberating\n*Retrospective appraisals\n

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Property Appraiser questions, answered by experts

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

The Colfax, IA homeowners’ guide to property appraisals

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