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Avatar for Rum River Coin
Rum River Coin
5.0(
9
)
Appraisal - General

Serving Moorhead, MN and surrounding areas

Approved

In business since 2008

Free estimates

Credit card accepted

"Jason was a wonderful resource for my coin collection. As a woman, it can be intimidating to walk into some of these shops. He was very professional and kind, and definitely gave me the best price in town!"
Coins
9 neighbors recently requested a quote
Antiques and Jewelry Appraisals questions, answered by experts

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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.

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. 

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Moorhead, MN homeowners’ guide to antique and jewelry appraisals

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