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MARKETING & CONSULTANT SERVICES INC.

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MARKETING & CONSULTANT SERVICES INC.

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45 years of experience

For company information, please check our website @ www.marketingconsult.com. John Harris, President of Marketing & Consultant Services, Inc., has over 30 years of counseling experience. HIs offices are located at 2014 W. 13th St. North, Wichita, Kansas 67203. He has owns several successful businesses and holds a Master of Business Administration Degree. He has operated both nationally and internationally in appraisal and brokerage and currently teaches appraisal technique in business and machinery for several national firms. He is a member of Certified Business Counselors, the Institute of Business Appraisers and the American Society of Appraisers.

For company information, please check our website @ www.marketingconsult.com. John Harris, President of Marketing & Consultant Services, Inc., has over 30 years of counseling experience. HIs offices are located at 2014 W. 13th St. North, Wichita, Kansas 67203. He has owns several successful businesses and holds a Master of Business Administration Degree. He has operated both nationally and internationally in appraisal and brokerage and currently teaches appraisal technique in business and machinery for several national firms. He is a member of Certified Business Counselors, the Institute of Business Appraisers and the American Society of Appraisers.

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.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

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 Holcomb, KS homeowners’ guide to property appraisals

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