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Avatar for Raila & Associates PC
Raila & Associates PC
4.5(
13
)
Appraisal - Real Estate

Serving Odin, IL and surrounding areas

In business since 2013

Free estimates

Credit card accepted

"

I have used her service numerous times to have my assessment appealed on my house. The tax saved for 3 years of the assessment cycle with the second installment of my 2014 real estate tax bill is $2557.59. They are very professional and would recommend them to reduce your taxes. My brother who owns two apartment buildings also has used their services. Angie's List had a $50.00 coupon off of their services which reduced my fee to $291.04.


"
Affordable and Client-Friendly -- You Pay Only if Raila & Associates, P.C. is successful in winning tax relief.
Serving owners, taxpayers, property managers and developers of real estate in Chicago and Northern Illinois.
Raila & Associates, P.C., an Illinois law firm, has thousands of satisfied clients. THIS IS LEGAL SERVICES ADVERTISING.
Paula Raila, J.D., President
Thomas Thorson, J.D., Associate Counsel

+2

Recommended by83%of homeowners
Thompson Appraisal
4.7(
3
)
Appraisal - Real Estate

Serving Odin, IL and surrounding areas

In business since 2011

Credit card accepted

"Mr. Thompson appeared to be conscientious in his overall approach to obtaining as much information as possible on the existing exterior of the property by measuring and photographing the area. His quick walk thru of the interior was simple and painless with very few questions resulting in an average rating of the overall property. I would encourage others to fully engage anyone they hire to provide a "true" snapshot and spend more time exploring the interior/exterior in total before rendering an "average" opinion."
Response time5 hrs
Recommended by100%of homeowners
Brian J. Mueth
New to Angi
Appraisal - Real Estate

Serving Odin, IL and surrounding areas

In business since 2014

Brian J. Mueth is one of the most respected names in the Illinois area for home and land appraisal services. Brian J. Mueth has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks and field service companies. Brian J. Mueth, offers a full menu of real estate appraisal services. We will provide you with a thorough unbiased, detailed, confidential and professional appraisal of your property! We look forward to your business. Give us a call today!

Response time2 hrs
Response rate100%
Property Appraiser questions, answered by experts

Yes, experienced appraisers handle a variety of property types with tailored methods.

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.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

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). 

The Odin, IL homeowners’ guide to property appraisals

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