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Avatar for Moosa Appraisals
Moosa Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Crowley, LA and surrounding areas

Approved

In business since 2007

Free estimates

Customers say: Quick response

"Amazing job -- the appraisals are fair, thorough, and accurate. I recommend Moosa Appraisals all the time and I have used Michael for over 10 years -- he is always my top choice to hire."
Response time7 hrs
Response rate86%
Recommended by100%of homeowners
JPH Appraisal Services, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Crowley, LA and surrounding areas

In business since 2001

Free estimates

At JPH Appraisal Services, LLC, we are your premier choice for professional appraisal services. We have provided high quality work and friendly customer service for years. We take pride in our work. We work hard to provide the best service possible with integrity and accountability. We would love to help you. Give us a call today!

Response time20 mins
Recommended by100%of homeowners
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.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

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.

The Crowley, LA homeowners’ guide to property appraisals

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