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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

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

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.

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.

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.