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Stephen Michael Demo and Disposal
5.0(
101
)
Appraisal - Real Estate

Serving Lee, MA and surrounding areas

In business since 2001

Emergency services offered

"Steve is very efficient and careful of the owner's property (and in my case, an escape-artist cat).  He hauled away the landscape debris first, then returned for the junk in a second load.  Altogether it was a 4 1/2 hour job for him.  His final fee was a good deal less than what he had originally quoted me.  A nice and appreciated surprise."
Recommended by100%of homeowners
Avatar for LifeCycle Transitions
LifeCycle Transitions
3.8(
175
)
Appraisal - Real Estate

Serving Lee, MA and surrounding areas

In business since 2007

Free estimates

Emergency services offered

"We've used the company before even referred them to family and friends. If your looking for a one stop shop that can taken numerous odds and ends at once great company to utilize. The office is extremely helpful and communicates any updates or up charges in advance before doing the work. Great company will strongly recommend to anyone.


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+49

Recommended by77%of homeowners
Property Appraiser questions, answered by experts

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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

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.

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

The Lee, MA homeowners’ guide to property appraisals

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