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Avatar for Kathryn Cole, REALTOR
Kathryn Cole, REALTOR
New to Angi
Appraisal - Real Estate

Serving Conway, MO and surrounding areas

I'm Kathryn, and I love helping home buyers and sellers in Southwest Missouri achieve their real estate goals. If you're ready to buy dream home, purchase land to build your dream home on, find a starter home, help a family member downsize, or whatever the case may be, give me a call. I'm energetic, have new marketing ideas, and maintain a flexible schedule to meet the needs of my clients! Looking forward to hearing from you soon!

Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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

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.

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Conway, MO homeowners’ guide to property appraisals

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