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Avatar for Kenny Babin, Realtor
Kenny Babin, Realtor
5.0(
4
)

Serving Clinton, LA and surrounding areas

"As a first time home buyer, I had no experience or knowledge as to purchasing a home. Kenny Babin was able to answer any question that I had. He showed different types of properties and made sure that I was able to make a decision using all the information available. Kenny Babin was courteous, professional and patient with my questions. I will definitely be calling him, should I ever need a realtor again!"
Recommended by100%of homeowners
Avatar for Pennant Real Estate
Pennant Real Estate
5.0(
1
)

Serving Clinton, LA and surrounding areas

In business since 2007

Credit card accepted

"When my wife and I were ready to choose a realtor to represent us in the purchase of a home, we contacted the Dave Ramsay organization for a list of their "endorsed local providers".  We were contacted immediately by Mr. Leo Desselle of Pennant Real Estate. After speaking to Leo and two other highly referred local realtors, we both felt very good about proceeding with Pennant Realty. We began the process in September, and closed on New Years Eve. Throughout the entire process, Leo was available, informative, proactive, knowledgeable, pleasant and patient. We could not be more pleased that we had the good fortune to go through this process with a professional as competent and kind as Mr. Desselle and Pennant Real Estate.
"
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

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

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.

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.

The Clinton, LA homeowners’ guide to property appraisals

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