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Avatar for Bigham, WM. A. Inc.
Bigham, WM. A. Inc.
3.2(
5
)
Appraisal - Real Estate

Serving Smithsburg, MD and surrounding areas

Approved

In business since 1955

Free estimates

Emergency services offered

Wm. A. Bigham, Inc., specializes in residential and commercial real estate valuations. Our company has served southern Pennsylvania and Northern Maryland, for over 60 years. With that experience, we are confident in our ability to exceed your expectations, always paying close attention to the specific needs of each individual or company with whom we work. We specialize in appraisals for purchases, pre-listing, estate, tax assessment, divorce, construction defects, and other litigation. We look forward to speaking with you directly and providing the expertise you need with regard to your property.

Response time2 days
32 neighbors recently requested a quote
Recommended by100%of homeowners
Megan Craig Appraisals, LLC
5.0(
2
)
Appraisal - Real Estate

Serving Smithsburg, MD and surrounding areas

In business since 2010

Free estimates

At Megan Craig Appraisals, we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job.

Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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. 

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. 

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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.

The Smithsburg, MD homeowners’ guide to property appraisals

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