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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

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. 

Yes, hiring a real estate agent is worth it. Many homeowners make the mistake of trying to sell their homes by themselves, thinking that they’ll save money on the commission, but what they save on the commission, they very often pay for in frustration and concessions on the sale price. Hiring a real estate agent to handle the sale of your home not only makes the process far easier and takes the burden off of you, but most homeowners get more for their homes when going through an agent because of the marketing and salesmanship they bring to the table.

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

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.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

The Waterville, ME homeowners’ guide to property appraisals

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