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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

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.

Yes, home appraisers look at your windows when appraising your property to determine the market value of your home. They’ll factor in the type of windows, quality, condition, whether or not there are screens covering the windows, frame materials, size, insulation, and more to come up with an unbiased property assessment.

Home and property appraisals cost about $355 on average, ranging from $250 to $500, depending on the size of the home and property, age of the property, comparability to nearby homes, and location. While single-family homes typically cost between $300 and $400 to appraise, multi-family home appraisal can cost $500 to $1,000 due to the increased size and building complexity.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

The Hamilton, IL homeowners’ guide to property appraisals

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