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Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)
Appraisal - Real Estate

Serving Exeter, ME and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Richard was amazing. We had been away from home for several months and returned to a complete nightmare in our basement. The entire floor was buckled in the two rooms on the finished side of the space and there was black mold growing up all the walls. I called NE Renovations after reading their reviews on Angie's list and within a few hours Richard, the owner of the company, was at my house assessing the situation. He informed me that the problem was caused by a failing water tank on my furnace, which seemed obvious after he said it, but would have never occurred to me. He let me know that my homeowners insurance would likely cover the damage, again something I had never considered, and then offered to work with my adjuster. From the moment I hired NE Renovations to do the work, Richard was available to deal with anything that came up. I've worked with a lot of contractors over the years and have never had an experience like this. Richard was there when the adjuster did the inspection, undoubtedly paving the way for the smooth experience we had with our claim and communicated with us every step of the way to make sure we understood what was happening and why. Because they were dealing with mold removal, an extreme amount of care went into the demolition process and Richard always kept us informed about the safety of the environment. He always followed through on what he said he would do when he said he would do it. His team was skilled, professional and considerate. They used high quality materials and did high quality work. Our basement looks better than it ever did before the damage occurred. I can't imagine how the experience could have been better. We will never use another company to do work that NE Renovations can do."
Before
After's
New boiler install
Removal of cast Iron to PVC.
Additional Photos

+37

Recommended by89%of homeowners
Avatar for Alliance Home Inspectors
Alliance Home Inspectors
4.8(
4
)
Appraisal - Real Estate

Serving Exeter, ME and surrounding areas

In business since 2004

Free estimates

Emergency services offered

Professional leading company that serves most of Maine for Home Inspection needs. We offer general home inspections, water testing, radon testing, mold testing and more. Our company will focus on your needs while helping you through your home buying process. With a Grade A customer satisfaction we will put our skills to work to set your mind at ease.

Additional Photos
Recommended by75%of homeowners
Property Appraiser questions, answered by experts

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

Yes, home appraisers look at your windows when appraising your property to determine the market value of your home. They’ll factor in the type of windows, quality, condition, whether or not there are screens covering the windows, frame materials, size, insulation, and more to come up with an unbiased property assessment.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

The Exeter, ME homeowners’ guide to property appraisals

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