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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
72
)
Appraisal - Real Estate

Serving Waterville, 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%
958 neighbors recently requested a quote
Avatar for The Maine Appraisal Company
The Maine Appraisal Company
4.8(
7
)
Appraisal - Real Estate

Serving Waterville, 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

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. 

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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. 

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

The Waterville, ME homeowners’ guide to property appraisals

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