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Avatar for Glenn Ashby ReMax Professional Realty Group
Glenn Ashby ReMax Professional Realty Group
5.0(
17
)
Appraisal - Real Estate

Serving Corydon, KY and surrounding areas

In business since 2009

Free estimates

Emergency services offered

"Glenn was extremely patient with us and showed us numerous houses, sometimes 5 in an evening, after we got off work.  He was very easy to get a hold of either by text, e mail or telephone. I never had to question anything during the process because he took care of everything.  He was very knowledgeable about his field and eager to help us and make sure we were happy.  I have since recommended him to anyone I know that is looking to buy or sell a home and he would be my first choice again.  We couldn't have asked for a better realtor."
Traditional Home
Family Room
Kitchen
Additional Photos
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+7

Recommended by100%of homeowners
McWhorter Appraisal
New to Angi
Appraisal - Real Estate

Serving Corydon, KY and surrounding areas

In business since 2010

Free estimates

We are a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer a variety of appraisal services that are customizable to each individual project. You will find us to be competitively priced, paying close attention to the details of each and every project that we are involved with. We look forward to building lasting relationships and guarantee your satisfaction!

Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

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.

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 Corydon, KY homeowners’ guide to property appraisals

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