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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

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.

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.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.