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

Serving Dassel, 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 Dassel, 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
Avatar for Construction As Investment LLC
Construction As Investment LLC
4.0(
41
)
Appraisal - Real Estate

Serving Dassel, MN and surrounding areas

In business since 2004

Emergency services offered

Credit card accepted

"We are absolutely thrilled with the bathroom remodels performed by Construction as Investment, LLC. We needed to remodel two of our three bathrooms. The two bathrooms are of moderate size, yet we had received estimates ranging from $25-$50,000, which seemed extreme. We then saw the big deal the company was offering for a full bathroom remodel for $5,000 and purchased two of the big deals after researching and finding good reviews on their work.



Vitaly was the project manager and he took the time to answer our questions and provided good suggestions for a few tricky details in our spaces. He also provided all of the needed measurements and instructions so we could confidently go and pick out all of the materials we wanted to use. This was especially helpful with the tile since my wife and I have never done a project with tile before and weren't experts by any means at understanding what to look for and what we would need. Before and during the remodels, I primarily communicated with Vitaly by texting and he was always prompt in responding. This method of communicating was quick and efficient and made it easy to keep the work moving.



Viktor is the companies "bathroom guy" and is an amazing craftsman and hard worker. He actually did both bath remodels all on his own, yet completed the work quicker than the time estimates we had gotten from the other companies that had given us estimates. And it wasn't from cutting corners, etc. Instead, Viktor's work was outstanding. Our city inspector even remarked about the high quality of workmanship on the remodels. Viktor is a very kind, quite and honorable individual. Because we had two bathroom remodels, Viktor spent a fair amount of time in our home and he really felt like a friend by the time the remodels were complete. We were actually sad when the remodels were finished because it meant we wouldn't see him anymore. When has anyone ever said that about someone working in their home? Our nanny homeschools our youngest daughter, so they and our dog were around the house each day with Viktor. He was always friendly to them and they enjoyed seeing him each day.



About a month after the remodels were complete, we had a crack in the grout in the corner of one of the showers. I texted Vitaly and he made arrangements for Viktor to stop back over one evening and make the repair. There was no hassle in resolving the issue and it was nice to see their commitment to doing the right thing even after the work is over and they've been paid.



We had a tremendous experience with this company and would highly recommend them to others looking for a company that does good work and stands behind it.


"
7332 Fremont
1609 84th Ave
2717 84th Ave Brooklyn Park
Recommended by81%of homeowners
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Property Appraiser questions, answered by experts

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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.

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.

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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

The Dassel, MN homeowners’ guide to property appraisals

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