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Antiques and Jewelry Appraisals questions, answered by experts

Typically during transactions or refinancing, or whenever significant improvements are made.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

Yes, experienced appraisers handle a variety of property types with tailored methods.

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

The Staples, MN homeowners’ guide to antique and jewelry appraisals

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