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Avatar for Book Value Appraisals

Book Value Appraisals

5.00(
1
)
Approved Pro

Book Value Appraisals

5.00(
1
)
Approved Pro
10 years of experience
Free onsite estimate

Locally owned and operated real estate appraisal firm serving central and northeastern Illinois. We are experienced with all types of residential appraisals including single family units, 2-4 unit income properties, condominium, land appraisals, pre-listings, estate appraisals, bankruptcy and assessor related services, and more. Our priority is a high quality appraisal delivered in a quick turn around. Please call for availability outside of listed business hours.

Locally owned and operated real estate appraisal firm serving central and northeastern Illinois. We are experienced with all types of residential appraisals including single family units, 2-4 unit income properties, condominium, land appraisals, pre-listings, estate appraisals, bankruptcy and assessor related services, and more. Our priority is a high quality appraisal delivered in a quick turn around. Please call for availability outside of listed business hours.


Avatar for Akrivis Real Estate Valuations

Akrivis Real Estate Valuations

4.43(
14
)
Approved Pro

Akrivis Real Estate Valuations

4.43(
14
)
Approved Pro
Super Service Award
Customers say: Quick response
1473 local quotes requested
7 years of experience

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025


Property Appraiser questions, answered by experts

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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.

Property condition, comparables, market trends, and location influence appraisal.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

The Downs, IL homeowners’ guide to property appraisals

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