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Avatar for American Dream Realty and Appraisals
American Dream Realty and Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Romney, IN and surrounding areas

In business since 2003

Credit card accepted

We are a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We have many years of experience to give you confidence that we are your number one choice for your next home project. You will find us to be competitively priced with close attention to the details. We look forward to building a lasting relationship and guarantee your satisfaction!

Response time11 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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. 

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

The Romney, IN homeowners’ guide to property appraisals

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