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American Appraisal Service
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Appraisal - Real Estate

Serving Lawrence, 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

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

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.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

The Lawrence, MI homeowners’ guide to property appraisals

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