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Avatar for Universal Appraisers
Universal Appraisers
5.0(
7
)
Appraisal - Real Estate

Serving Lakeview, MI and surrounding areas

In business since 2002

Free estimates

Credit card accepted

"Very trustworthy with all the information to analyze the value of the property. Very efficient and motivated to do the best job. Excellent communication with clients by phone or email. I would highly recommend universal appraisers!"
Response time2 hrs
Response rate85%
Recommended by100%of homeowners
Allstate Appraisers
5.0(
3
)
Appraisal - Real Estate

Serving Lakeview, MI and surrounding areas

In business since 1994

Free estimates

Credit card accepted

"Todd Aldrich from Allstate Apprairsers contacted me within minutes, and we set an appt. He arrived on time and spent 2 hours touring our property and residence. He took a lot of photos and already knew our tax apr. He was very thorough, measuring every room. He found 4 comparable homes in our area. It took one week to receive his report, as agreed. We are very pleased with his findings, and it has helped us set a price on our home, which we intend to sell. He was very professional, we would highly recommend his service, if you should require an appraisal. Mike & Dawn B."
Response time7 hrs
Recommended by100%of homeowners
American Appraisal Service
0.0(
2
)
Appraisal - Real Estate

Serving Lakeview, 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

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Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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.

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

The Lakeview, MI homeowners’ guide to property appraisals

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