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Find Property appraisers in Cambridge

Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Cambridge, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"We worked with Tom at Edge Home Finance after our first lender gave us some difficulty with the appraisal. Tom coordinated a new appraisal and had the loan ready to close in record time. There weren't any snags in the underwriting process and communication was fast and accurate."
Recommended by100%of homeowners
Avatar for Mauzy Properties
Mauzy Properties
5.0(
5
)
Appraisal - Real Estate

Serving Cambridge, MN and surrounding areas

Free estimates

Emergency services offered

"We have been working with Chris for a little over four years. As a rental property manager he's phenomenal: He understands how important it is to keep both our tenants and ourselves happy and informed. No matter what day it is, whether it's a Sunday or a holiday, Chris will promptly respond to requests from either tenants or owners. His crew is also great at responding on issues with our tenants. He will not bother you with little stuff, he'll just get things done... But if he believes you need to be aware of a major repair or replacement, he'll request approval from you. His judgement on these kind of decisions has been flawless. He's fully earned our complete trust in him. While we've only had him as our property manager, we recommended him to my dad and I witnessed his unbelievable skills as a real estate agent. He promised my dad his house would sell on a certain timeframe and he delivered. He also helped my dad negotiate on his new home and now manages my dad's rental too. I hear many compliments coming from my dad all the time, the compliments that represent what we already knew about him: proactive, transparent, efficient, no-nonsense, honest, respectful and friendly. We are very lucky to have Chris as our property manager. You can rest assured he'll always be on top of things and keep you and your tenants happ"
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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. 

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

The Cambridge, MN homeowners’ guide to property appraisals

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