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Avatar for Stubbs & Associates, LLC
Stubbs & Associates, LLC
5.0(
4
)
Appraisal - Real Estate

Serving Houma, LA and surrounding areas

In business since 2010

Free estimates

Credit card accepted

"Chris did a great job on my appraisal , he spent lots of time finding the best property's that matched my house and property. I will recommend Stubbs & Associates for anyone that needs good accurate appraisal."
Response time7 hrs
Response rate92%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Yes, experienced appraisers handle a variety of property types with tailored methods.

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. 

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.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

The Houma, LA homeowners’ guide to property appraisals

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