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AREAS Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Saint Michael, MN and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"Craig Hansen did a great job appraising our downtown Mpls condo, prompt on all appointments and walk through. He was very thorough in documentation and comps for this real estate appraisal, fast final report, was supplied with digital and printed documents. I would highly recommend Craig for your real estate appraisals."
Response time2 days
Response rate100%
Recommended by100%of homeowners
Land Plus Appraisals
5.0(
4
)
Appraisal - Real Estate

Serving Saint Michael, MN and surrounding areas

In business since 2018

Free estimates

Offers commercial services

We are a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer Appraisal and Home Inspection services that are customizable to each individual project. You will find us to be competitively priced, paying close attention to the details of each and every project that we are involved with. We look forward to building lasting relationships and guarantee your satisfaction!

Response time6 hrs
Response rate87%
Recommended by100%of homeowners
Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Saint Michael, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"Tom and Jake are very responsive to text, calls, and emails.  I was informed through the whole financing/underwriting/appraisal process of buying a home.  We closed without much of an issue and am very glad my realtor suggested Home Edge Finance."
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.

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.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

The Saint Michael, MN homeowners’ guide to property appraisals

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