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Avatar for Done Deal Home Buyers WI
Done Deal Home Buyers WI
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Appraisal - General

Serving Spalding, MI and surrounding areas

\nWe’re a husband-and-wife team based right here in Green Bay, and at Done Deal Home Buyers, we help people sell their homes quickly—without all the stress. We buy houses in any condition, pay cash, and cover all closing costs. That means no inspections, no repairs, no showings, and no surprise fees.\n\nWhether you're dealing with a tough situation like foreclosure or probate, or you just want a simple, hassle-free sale—we’re here to make the process easy and straightforward. We believe in treating people right, making fair offers, and always doing what we say we’ll do.

Antiques and Jewelry Appraisals questions, answered by experts

Typically during transactions or refinancing, or whenever significant improvements are made.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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. 

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.

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.

The Spalding, MI homeowners’ guide to antique and jewelry appraisals

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