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Avatar for Kenny Babin, Realtor
Kenny Babin, Realtor
5.0(
4
)
Appraisal - Real Estate

Serving Wilson, 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
)
Appraisal - Real Estate

Serving Wilson, 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

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.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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 Wilson, LA homeowners’ guide to property appraisals

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