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TRUSTED BY STREAMWOOD, IL HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon47
    Verified property appraisals reviews

Find Property appraisers in Streamwood

J.S. Appraisals, Inc.
4.8(
27
)
Appraisal - Real Estate

Serving Streamwood, IL and surrounding areas

Approved

In business since 2001

Free estimates

Customers say: Quick response

"James was great. Very professional. Gave him an impossible time frame. He did it and even took one day off my deadline. The appraisal was for divorce reasons, would have liked a more favorable result but it is what it is and was fair. I will recommend James and his organization to anyone needing his services."
Response time3 hrs
Recommended by96%of homeowners
Avatar for Todd Hafner Appraisals
Todd Hafner Appraisals
4.6(
43
)
Appraisal - Real Estate

Serving Streamwood, IL and surrounding areas

Approved

In business since 1986

Credit card accepted

Customers say: Quick response

"Very professional, courteous and on time! He delivered the appraisal exactly when he said he would (actually ahead of schedule). I would refer and use his services again."
Response time2 hrs
Response rate86%
16 neighbors recently requested a quote
Avatar for MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
378
)
Appraisal - Real Estate

Serving Streamwood, IL and surrounding areas

Approved

Super Service Award Winner

In business since 2005

Customers say: True professional

"I was very pleased with Mr. Johnson's work. Mr. Johnson was punctual on the day of the appraisal. He came to my home and thoroughly inspected my property. He was very professional yet approachable. He answered all of my questions clearly. I would highly recommend this appraiser."
Response time5 hrs
27 neighbors recently requested a quote
Recommended by79%of homeowners
Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Streamwood, IL and surrounding areas

Approved

In business since 2015

Free estimates

Credit card accepted

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.

Response time12 hrs
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Property Appraiser questions, answered by experts

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.

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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The Streamwood, IL homeowners’ guide to property appraisals

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