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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
69
)
Appraisal - Real Estate

Serving Jay, ME and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1113 neighbors recently requested a quote
Avatar for The Maine Appraisal Company
The Maine Appraisal Company
4.8(
7
)
Appraisal - Real Estate

Serving Jay, ME and surrounding areas

Approved

In business since 2021

Free estimates

Credit card accepted

"Thom, arrived at our home at the time he said he would. We received the full written appraisal exactly when we told we would have it. It was thorough, clear to read and to understand, the comps were very well matched, and the appraisal was very comprehensive. The day after receiving the appraisal, re-reading it over again, we had a few questions to ask Thom. We received a call back w/in a few hrs and were given ample time to ask all our questions and Thom gave us clear answers and we received full understanding of a few aspects of the appraisal. Highly recommend Maine Appraisal Company to anyone looking for a complete and thorough appraisal. Thom was a pleasure to work with."
Response time1 day
Response rate92%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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. 

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.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Jay, ME homeowners’ guide to property appraisals

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