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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
54
)
Appraisal - Real Estate

Serving Durand, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1395 neighbors recently requested a quote
Thomas Real Estate Appraisal Consultants
New to Angi
Appraisal - Real Estate

Serving Durand, IL and surrounding areas

In business since 1990

Free estimates

At Thomas Real Estate Appraisal Consultants I have over 40 years of residential & commercial appraisal experience and have preformed all kinds of non-lender services. Ex Estate, Divorce, Tax, and Personal, I pride myself as being very service minded and detail orientated which sets me apart from the rest. I look forward to earning your business! Note: New Mortgages require your Lender to order the appraisal.

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.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

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. 

The Durand, IL homeowners’ guide to property appraisals

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