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Avatar for Norris Appraisals, LLC
Norris Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Garrett, IN and surrounding areas

Approved

In business since 2016

Free estimates

Customers say: Quick response

"Luke is an extremely knowledgeable individual when it comes to appraisals. He kept us informed in reference to his process and plans and made us feel comfortable in a process that was unfamiliar to us."
Response time12 hrs
Recommended by100%of homeowners
Friedrich Lund Appraisals
New to Angi
Appraisal - Real Estate

Serving Garrett, IN and surrounding areas

In business since 2007

Free estimates

Friedrich Lund Appraisals, has more than 12 years of experience the appraisal and real estate business. We are efficient, knowledgeable, and professional. We also deliver reports to you electronically. We specialize in the following non-lender appraisals: pre-listing, purchase market value, tax appeals, private mortgage insurance removal, land value, reinstatement of a home equity line of credit due to bank freeze, estate, and, bankruptcy. When experience counts, you can count on our experience and expertise.

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. 

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

The Garrett, IN homeowners’ guide to property appraisals

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