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Avatar for Akrivis Real Estate Valuations

Akrivis Real Estate Valuations

1428 Midway Road
4.43(
14
)
Approved Pro

Akrivis Real Estate Valuations

1428 Midway Road
4.43(
14
)
Approved Pro
Super Service Award
Customers say: Quick response
1314 local quotes requested
7 years of experience

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025



Avatar for US Auction Group

US Auction Group

PO Box 598
3.50(
2
)

US Auction Group

PO Box 598
3.50(
2
)
17 years of experience

Highly Recommended & Recognized Regional and National Auction & Real Estate Company. Professionalism │Integrity │ Honesty...Success. We Surpass Our Competitors With Our Excellent Marketing and Selling of YOUR Property. From Start to Finish We Organize, Market and See Your Property Through Closing.

Highly Recommended & Recognized Regional and National Auction & Real Estate Company. Professionalism │Integrity │ Honesty...Success. We Surpass Our Competitors With Our Excellent Marketing and Selling of YOUR Property. From Start to Finish We Organize, Market and See Your Property Through Closing.



Property Appraiser questions, answered by experts

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

The Muldraugh, KY homeowners’ guide to property appraisals

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