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Avatar for Watson Appraisals, LLC
Watson Appraisals, LLC
4.5(
35
)
Appraisal - Real Estate

Serving Smithfield, KY and surrounding areas

Approved

In business since 2003

Free estimates

Credit card accepted

"He did all he could do. The house next door with a higher appraisal was never listed in MILS. Had to dig deeper and get that information to Mr Watson."
Response time2 days
16 neighbors recently requested a quote
Recommended by91%of homeowners
Terry Farmer Appraisals
New to Angi
Appraisal - Real Estate

Serving Smithfield, KY and surrounding areas

In business since 2003

Free estimates

Terry Farmer Appraisals, is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Response time1 day
Opponopoly RES
New to Angi
Appraisal - Real Estate

Serving Smithfield, KY and surrounding areas

In business since 1985

Free estimates

It can be a daunting task looking for not only the right contractor for your job but also the right contractor for you. We completely understand what you're going through. We know every customer has different desires, different needs and different schedules. We're not only here to turn your ideas into reality but to make it a memorable experience every step of the way. Call us right now, no matter where you are in the planning process.

Response time30 mins
Avatar for Terry Walker II, LLC
Terry Walker II, LLC
New to Angi
Appraisal - Real Estate

Serving Smithfield, KY and surrounding areas

In business since 2015

Free estimates

Looking for a licensed and reliable appraiser? Look no further than Terry Walker and Appraisal Associates! With over 10 years of experience serving the residents of Kentucky and Indiana. Terry is an expert in providing accurate and timely appraisals for all types of properties. What's more, Terry offers the convenience of text message or phone call communication and accepts payment via Venmo. Please text or call for all your appraisal needs!

Response time3 days
Property Appraiser questions, answered by experts

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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 Smithfield, KY homeowners’ guide to property appraisals

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