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BAUER & BAUER AUCTIONEERS

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BAUER & BAUER AUCTIONEERS

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93 years of experience

Bauer Auction offers full auction & appraisal services. We have a Weekly Consignment Auction every Tuesday at our building in Mattoon, IL. We have a monthly Antique & Collectible auction the 2nd Sunday of Every month (except May on Mother's day, then we move it to the 3rd Sunday). We also have a traveling auction service that can auction full estates, businesses, real estate and large equipment on site.

Bauer Auction offers full auction & appraisal services. We have a Weekly Consignment Auction every Tuesday at our building in Mattoon, IL. We have a monthly Antique & Collectible auction the 2nd Sunday of Every month (except May on Mother's day, then we move it to the 3rd Sunday). We also have a traveling auction service that can auction full estates, businesses, real estate and large equipment on site.



Iowa Land Management and Real Estate Company

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Iowa Land Management and Real Estate Company

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42 years of experience

Farm management, real estate and appraisal services in Iowa, Minnesota, and Illinois. Current managers have over 30 yrs experience handling absentee landowners properties by essentially stepping into the shoes of the landowner, in consultation with the landowner/client.

Farm management, real estate and appraisal services in Iowa, Minnesota, and Illinois. Current managers have over 30 yrs experience handling absentee landowners properties by essentially stepping into the shoes of the landowner, in consultation with the landowner/client.

Property Appraiser questions, answered by experts

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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

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.

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

The Aviston, IL homeowners’ guide to property appraisals

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