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South Shore Valuation
2.7(
1
)

Serving Gary, IN and surrounding areas

In business since 2013

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n\n-Asset division for situations, like a divorce\n-Deciding on a listing price for your property\n-Tax Challenges. Reducing property taxes if you live in an area where house prices have declined\nDetermining market value on real estate related to a bankruptcy\n-Figuring out the value of home improvements you may have done or are deliberating\n-Retrospective appraisals

Frank Trapane & Associates
5.0(
1
)

Serving Gary, IN and surrounding areas

In business since 2010

Free estimates

Frank Trapane & Associates brings an unmatched commitment to excellence to your Home Appraisals. We have over 10 years experience delivering unsurpassed professionalism, expertise, and value. We take pride in providing our customers with personalized customer service, the highest industry standards, and top quality workmanship. References available upon request. Give us a call today!

Response time10 mins
Recommended by100%of homeowners
Appraisal Express Service, LTD.
0.0(
15
)

Serving Gary, IN and surrounding areas

In business since 2001

We ARE THE LEADING PROVIDERS in the Real Estate Industry in the Midwestern region! We pay attention to detail and make sense out of this senseless economy! Visit our website..www.appraise2express.com We provide COMPREHENSIVE appraisals for real estate tax appeals, estate purposes, bankruptcy, eminent domain, divorce cases, mortgage transactions, etc. With many years of real estate experience in the industry, we have a proven track record of reducing time and efforts in managing real estate transactions. We keep abreast of socioeconomic conditions that have a huge impact on today's soft market.\n\nWe are a leading provider of appraisals for:\n\nPrimary and secondary mortgages \nBankruptcy appraisals\nMortgage refinancing \nDivorce settlement\nEminent domain\nEmployee relocation \nPrivate mortgage insurance removal \nEstate planning \nAssisting sellers in efficiently marketing and selling properties\n \n

Recommended by71%of homeowners
Thomas Eiler
New to Angi

Serving Gary, IN and surrounding areas

In business since 1993

Thomas Eiler, is one of the most respected names in the Michigan City area for home and land appraisal services.Thomas Eiler, has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. Thomas Eiler, offers a full menu of real estate services and will provide you with a thorough unbiased, detailed, confidential, and professional appraisal of your property! Call me today as I look forward to working you. Tom

Response time1 day
Response rate100%
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Property Appraiser questions, answered by experts

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.

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. 

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Gary, IN homeowners’ guide to property appraisals

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