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American Appraisal Service
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Appraisal - Real Estate

Serving Au Sable, MI and surrounding areas

In business since 1994

American Appraisal Services office is completely computerized, from the moment they take your order until you receive a detailed appraisal report. At any point in the appraisal process they can give you an up to date status report on each assignment. American Appraisal Service prides their team on delivering, efficient, personalized quality service. It their policy to turn all Appraisal assignments around within 10 business days. The office notifies each client of any delay that might prevent them from meeting a deadline. If you so desire we will fax you or email appraisal reports. If and when you have special needs the team will do their best to accommodate. \n\nYou can be assured that each appraisal assignment will be carried out in a thorough, professional manner. American Appraisal Service is ready to serve all your appraisal needs. \n

Property Appraiser questions, answered by experts

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

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. 

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

The Au Sable, MI homeowners’ guide to property appraisals

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