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Avatar for KornTeam Real Estate Service
KornTeam Real Estate Service
New to Angi
Appraisal - Real Estate

Serving Lathrop, MO and surrounding areas

Free estimates

Emergency services offered

Offers commercial services

Curious about the value of your property and what the "on market" value might be? Better than an appraisal, with over 34 years experience and over 3,000 sales I can give you the current market value that consumers would be willing to pay to ensure you don't underprice your property when you sell or overpay when you buy.

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Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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.

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.

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.

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

The Lathrop, MO homeowners’ guide to property appraisals

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