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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
45
)
Appraisal - Real Estate

Serving Red Wing, 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 time5 hrs
Response rate89%
1632 neighbors recently requested a quote
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 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 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 Construction As Investment LLC
Construction As Investment LLC
4.0(
41
)
Appraisal - Real Estate

Serving Red Wing, MN and surrounding areas

In business since 2004

Emergency services offered

Credit card accepted

"He was very quick to respond to my calls, and once we decided we'd like him to come out to our house for an estimate he was out to our house the next morning (he conveniently had another client meeting in the area). He seemed knowledgeable and provided insight into what finishing my basement would entail. One particularly important thing he noticed is that the ceiling height in some areas of the basement were a couple inches shy of being "up to code." I was glad he was looking out for potential issues already - it shows his ability to plan ahead and account for possible road blocks.  Aside from that, his prices seemed very reasonable! If, or rather  when, I begin doing my basement remodel (which will now likely not be until next summer) I will definitely be keeping Vitaly in mind for the job.
"
7332 Fremont
1609 84th Ave
2717 84th Ave Brooklyn Park
Recommended by81%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

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.

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.

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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

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.

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.