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Avatar for The August Group, Inc. Ltd.
The August Group, Inc. Ltd.
4.7(
6
)

Serving Dittmer, MO and surrounding areas

Approved

In business since 1999

Free estimates

Credit card accepted

"Jeff was fantastic to work with. I had a very tight deadline to meet, and I went with Jeff from the August Group because he said he would meet the tight deadline. He met the deadline with time to spare, and wrote an extremely comprehensive and accurate appraisal. I could not be happier. I will use the August Group for any and all appraisals I need done on my properties in the future."
Bungalow
A+ Accredited Business
Response time7 hrs
4 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for True Value Appraisal, Inc.
True Value Appraisal, Inc.
4.3(
35
)

Serving Dittmer, MO and surrounding areas

In business since 1994

Free estimates

Credit card accepted

"This company is accommodating, responsive and flexible with their time. They provided a fair and accurate appraisal, and answered all of my questions promptly and in great detail. More than satisfied with the results."
Response time7 hrs
Response rate94%
Recommended by93%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Dittmer, MO and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Appraisal Advantage, Inc
5.0(
2
)

Serving Dittmer, MO and surrounding areas

In business since 2003

Free estimates

Credit card accepted

Appraisal Advantage, is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade, combined with ability is what makes us true professionals. Above all, we are watchful of our customer's interests and make their concerns the basis of our business. Please give us a call today!

Response time2 hrs
Recommended by100%of homeowners
Creative Ad Design, Inc.
5.0(
3
)

Serving Dittmer, MO and surrounding areas

In business since 1998

Free estimates

Credit card accepted

"Creative Ad Design did a real estate appraisal for me. Fred came in and first explained the processes involved. He then worked quietly during the inspection process and did not disturb me, which was much appreciated. He was courteous throughout the inspection process and very thorough as well. I have already recommended his appraisal service to others."
Response time2 days
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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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 Dittmer, MO homeowners’ guide to property appraisals

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