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Mid America Land Services

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Mid America Land Services

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Jim has spent over 25 years as a real estate broker, loan broker, and real estate appraiser. Prior to this, he worked with a mortgage banking company as well as the Federal Land Bank. He served for three years as a member of the Missouri Real Estate Appraisers Commission.

Jim has spent over 25 years as a real estate broker, loan broker, and real estate appraiser. Prior to this, he worked with a mortgage banking company as well as the Federal Land Bank. He served for three years as a member of the Missouri Real Estate Appraisers Commission.


Property Appraiser questions, answered by experts

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.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Hallsville, MO homeowners’ guide to property appraisals

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