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

Serving Red Wing, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"We chose Tom Ahles because of our unusual and unique circumstance as a business owner. Our financing process required a non-traditional analysis of how we operate our finances. Tom held our hand in coaching us through the process, over explained every question we had, and did so in an informative manner. We had a time crunch, Tom managed it, we had unique accounts, yet Tom was capable of making it work. I appreciate Tom, and you will feel proud when you contract his team for your mortgage service, they're all professional - timely - and approachable."
Recommended by100%of homeowners
Avatar for Mauzy Properties
Mauzy Properties
5.0(
5
)
Appraisal - Real Estate

Serving Red Wing, MN and surrounding areas

Free estimates

Emergency services offered

"I have worked with other management companies in the Twin Cities and NONE compare to the team at Mauzy. The value of their services is superior to the others. They are personable, responsive, accurate, and helpful. The most important thing when hiring a management company is their ability to attract quality tenants and keep them happy. Mauzy is a fantastic partner to my business and I can not recommend them enough. Save your time and money and make Chris and his team your first call."
Recommended by100%of homeowners
Avatar for Elliott Real Estate, LLC
Elliott Real Estate, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Red Wing, MN and surrounding areas

In business since 2004

"Mike was excellent. He helped to evaluate my priori home value, provided tips to help it sell, and created a great listing and brochure. He helped negotiate a fair price for my prior home in a tough market. Once I had a seller, he listened to what I was looking for in a new home and moved quickly to get me in to see new properties. Due to his hard work, we found the home we wanted. Mike negotiated a great deal and coordinated my preferred closing date. Closing even went well. I would recommend Elliott Real Estate!
"
Recommended by100%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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

The Red Wing, MN homeowners’ guide to property appraisals

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