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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

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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.

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.

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 entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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.