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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

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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.

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.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Sidney, ME homeowners’ guide to property appraisals

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