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Avatar for Heath Hewett Real Estate Services
Heath Hewett Real Estate Services
5.0(
3
)
Appraisal - Real Estate

Serving Bolivia, NC and surrounding areas

In business since 2008

Free estimates

Emergency services offered

"I coordinated this appraisal from a different state, with Mr. Hewett, It was last minute notification, i needed the appraisal to appeal my taxes. Mr. Hewett was willing to go to another residence to pick up keys, to enter my home, complete the appraisal, return the keys, and then send the completed appraisal to me. Which was a very nice and thorough job. Thank You Mr. Hewett"
Response time1 day
Recommended by100%of homeowners
Anderson Appraisal Services, LLC
4.0(
1
)
Appraisal - Real Estate

Serving Bolivia, NC and surrounding areas

In business since 2000

I pride myself on my professionalism, as well as my ability to complete \nevery job to the homeowner's total satisfaction. I never leave a job \nunfinished, or a homeowner not 100% satisfied with my level of service -\n Call today! It doesn't matter what type of property you have. Our experience and education as licensed appraisers make us qualified to offer home valuations in New Hanover County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.

Appraisals
Response time8 hrs
Response rate100%
Recommended by100%of homeowners
Carolina Appraisal Group
New to Angi
Appraisal - Real Estate

Serving Bolivia, NC and surrounding areas

In business since 1995

Carolina Appraisal Group was established in 1995. Carolina Appraisal Group services Brunswick, New Hanover and Pender counties and its surrounding areas. We offer a professional staff with expertise in residential appraisal work. They are dedicated to providing every client with the best customer service and the highest level of professionalism. For the job done right the first time, call Carolina Appraisal Group today.

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Property Appraiser questions, answered by experts

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 there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

The Bolivia, NC homeowners’ guide to property appraisals

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