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Avatar for Aarons Estate Sales LLC
Aarons Estate Sales LLC
3.5(
11
)
Appraisal - General

Serving Sumpter, MI and surrounding areas

In business since 2009

Free estimates

Credit card accepted

"We inteviewed 2 estate sales companies and chose Aaron's because of his enthusiasm, fair price, services to be performed and reviews on Angie's List.  Aaron and Bobby worked most of 4 days setting up and organizing the house contents, pricing, and placing advertising.  They were very flexible and cooperative which allowed us to stay in the house while they were prepping for the sale.  We confined ourselves and items we wanted to keep to one upstairs bedroom and one end of the basement rec room. We stayed at a friends house while the sale was going on.  On Sunday afternoon we met with Aaron and settled and divided the sale proceeds.  He arranged for a charity to come on Monday (we were away) to take leftover items.  Aaron and Bobby hauled all remaining trash to the curb for pickup.  When we arrived back at the house several days later it  was completely cleared out as agreed.  Even though the total sales proceeds were a bit disappointing Aaron fulfilled all the agreed services.  We wouldn't hesitate to engage him again.  Good job Aaron and Bobby."
Jewelry Display
Estate Sale Set Up
Kitchen Set Up
Sale Day!
Sale Day!

+8

Recommended by75%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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 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.

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.

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

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