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Anderson Appraisals
5.0(
1
)

Serving Thaxton, MS and surrounding areas

In business since 2006

Free estimates

We are a locally owned and operated appraisal company that provides a quality product by a certified appraiser. We specialize in private market appraisals for estate valuations, for sale by owner, prelistings, and more. We have been based out of the Pontotoc area for over 15 years. We are highly familiar with property values and will give you the accurate and detailed report you need. Please call for availability ourside of listed business hours.

Response time4 hrs
Response rate100%
Recommended by100%of homeowners
Avatar for Thompson Appraisal Company
Thompson Appraisal Company
5.0(
1
)

Serving Thaxton, MS and surrounding areas

In business since 2019

Free estimates

Thompson Appraisal Company LLC, is a reputable appraisal company that specializes in residential real estate and property valuations. We are experienced with divorce proceedings, pre-listings, and tax appeals. Founded in 2019, we strive to exceed your expectations, always paying close attention to the specific needs of each individual or company with whom we work. We look forward to building long-term relationships with our clients, and we hope you will be one of them. We do not perform appraisals for refinancing of a home or the purchase of a home if the home will be financed through a bank. Our appraisal services are strictly for obtaining market values for individuals homes/land as well as if you have the means to purchase a home in cash. Any financing needed, you will need to speak with your local banker on how to move forward. Thank you for your consideration, and we look forward to hearing from you!\n\n * * * Pricing for single family home $375 - $425* * *

Response time2 days
Response rate93%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The Thaxton, MS homeowners’ guide to property appraisals

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