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  • Average homeowner rating star icon4.4
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  • Verified reviews icon17
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Find Property appraisers in Belleville

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

Serving Belleville, IL 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
Dagan J Hampton
5.0(
1
)
Appraisal - Real Estate

Serving Belleville, IL and surrounding areas

In business since 2002

Dagan Hampton is one of the most respected names in the Jersey county area for home and land appraisal services. Dagan Hampton has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. Dagan Hampton, offers a full menu of real estate services and will provide you with fair opinion of market value along with thorough unbiased, detailed, confidential, and professional appraisal of your property!

Response time2 days
Recommended by100%of homeowners
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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.

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. 

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Belleville, IL homeowners’ guide to property appraisals

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