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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)

Serving Ottertail, MN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time6 hrs
2014 neighbors recently requested a quote
Recommended by16%of homeowners
Steven M. Spaeth Appraisals
4.5(
2
)

Serving Ottertail, MN and surrounding areas

Approved

In business since 1989

Credit card accepted

Customers say: Quick response

We're a well established business with over 40 years of unmatched expertise. Customer preference and priorities are always first. We're very timely with our work and never lose attention to detail. Steven M. Spaeth Appraisals has built a reputation for quality appraisals with each satisfied customer. Our sense of pride is apparent in every appraisal we complete. Call Steven M. Spaeth Appraisals today and we'll be there in your time of need.

Recommended by100%of homeowners
Property Appraiser questions, answered by experts

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

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.

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.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

The Ottertail, MN homeowners’ guide to property appraisals

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