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  • Verified reviews icon25
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Find Property appraisers in Gibraltar

Avatar for At ease home inspection
At ease home inspection
5.0(
9
)
Appraisal - Real Estate

Serving Gibraltar, MI and surrounding areas

In business since 2017

Free estimates

Emergency services offered

"Called At Ease Home Inspection with little notice regarding a home inspection that I needed for a new home. Brandon was able to come out the following day first thing in the morning. He provided a through home inspection for a great price. I would definitely recommended At Ease Home Inspection to friends and family for the quality and price, you can not go wrong."
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Recommended by100%of homeowners
Avatar for Appraiz-it, LLC
Appraiz-it, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Gibraltar, MI and surrounding areas

In business since 1998

Credit card accepted

"Mike is great to work with. His overall consistency and accuracy make him my go to company for appraisal work. Excellent response time for completion. He always does what he says he is going to do."
Response time1 day
Recommended by100%of homeowners
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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.

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Gibraltar, MI homeowners’ guide to property appraisals

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