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Avatar for Kurt Rehak - Licensed Appraiser
Kurt Rehak - Licensed Appraiser
1.0(
1
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Serving Conowingo, 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%
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Property Appraiser questions, answered by experts

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

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.

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.

The Conowingo, MD homeowners’ guide to property appraisals

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