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Shackelford & Associates
New to Angi
Appraisal - General

Serving Belhaven, NC and surrounding areas

In business since 1993

Free estimates

Credit card accepted

Shackelford & Associates has been providing top quality appraisals since 1993.. We have offices in Raleigh and Greenville, offering top quality commercial, residential, and agricultural appraisals throughout the Triangle and eastern North Carolina. Four of our appraisers are designated members of the Appraisal Institute, having fulfilled rigorous education and experience requirements above what is required by the Appraiser Qualifications Board.

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Response rate88%
Antiques and Jewelry Appraisals 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.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

The Belhaven, NC homeowners’ guide to antique and jewelry appraisals

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