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Avatar for Kurt Rehak - Licensed Appraiser
Kurt Rehak - Licensed Appraiser
1.0(
1
)
Appraisal - Real Estate

Serving Cecilton, MD and surrounding areas

In business since 1998

Free estimates

Emergency services offered

Our company does residential and commercial appraisals/consulting. Currently we do not offer brokerage services other than valuations. I have been Certified since 1998. For over 23 years, we have been reliable and one of the most informative appraisers on the East Coast. We're very flexible both with pay and scheduling. I can tailor things to your needs because clear communication and your satisfaction are the most important things to me and my business. We specialize in residential and commercial market valuations, divorce, expert witness testimony for lending and non-lending purposes. We appraise all types of real property to include but not limited to all types of residential dwellings, offices, mixed use, industrial, commercial, churches (special use), and right of way appraisals. We do not appraise personal belongings. We do not do surveys.

Kurt S Rehak
Response time1 day
Response rate88%
Property Appraiser questions, answered by experts

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

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.

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.

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

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The Cecilton, MD homeowners’ guide to property appraisals

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