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Lucas Appraisal Services

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Lucas Appraisal Services

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26 years of experience

Lucas Appraisal Services is a small woman owned/operated company with two State of Maine licensed appraisers with 13 years of experience. We cover Kennebec and Androscoggin Counties. Our fee for a single family home is $350.00, 2-4 unit dwelling is $550.00. We also offer appraisal services on condominiums and mobile homes. I am a member of the National Association of Realtors as well as the Kennebec Valley Board of Realtors. I take great pride in offering a reliable, professional service. I would be happy to answer any questions you may have regarding my company and/or services provided.

Lucas Appraisal Services is a small woman owned/operated company with two State of Maine licensed appraisers with 13 years of experience. We cover Kennebec and Androscoggin Counties. Our fee for a single family home is $350.00, 2-4 unit dwelling is $550.00. We also offer appraisal services on condominiums and mobile homes. I am a member of the National Association of Realtors as well as the Kennebec Valley Board of Realtors. I take great pride in offering a reliable, professional service. I would be happy to answer any questions you may have regarding my company and/or services provided.

Property Appraiser questions, answered by experts

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

The Augusta, ME homeowners’ guide to property appraisals

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