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Find Property appraisers in Rayne

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

Serving Rayne, 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 Rayne, 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
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Property Appraiser questions, answered by experts

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 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. 

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 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.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Rayne, LA homeowners’ guide to property appraisals

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