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Top-Rated Property appraisers in Spencerville - Updated Nov 2026

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

Serving Spencerville, 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
ASAP Solutions
New to Angi
Appraisal - Real Estate

Serving Spencerville, IN and surrounding areas

Approved

In business since 2002

Free estimates

We are a locally owned and operated residential real estate company. We have in depth knowledge of the current property values in Indiana. We strive to exceed your expectations, always paying close attention to the specific needs of each individual or company with whom we work. We specialize in single family homes, and one to four unit residential properties. We will provide you a thorough evaluation of your property's pre sale value, when you are considering a for sale by owner listing, as well as estate valuations. We look forward to building long-term relationships with our clients. Please call us directly and schedule a time for us to view your property, as we maintain availability outside of listed business hours.

Response time6 hrs
Response rate92%
Friedrich Lund Appraisals
New to Angi
Appraisal - Real Estate

Serving Spencerville, 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 FAQs, 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.

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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). 

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.

The Spencerville, IN homeowners’ guide to property appraisals

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