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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

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.

Property condition, comparables, market trends, and location influence appraisal.

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 entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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.

The Windsor, ME homeowners’ guide to property appraisals

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