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Avatar for Partridge Appraisal Service
Partridge Appraisal Service
5.0(
1
)
Appraisal - General

Serving Dudley, NC and surrounding areas

In business since 1987

Free estimates

Partridge Appraisal Service is a real-estate appraisal business based in East North Carolina. Our experience in appraising properties began in 1986. On this site you can read about our qualifications and the areas we cover. You can also order an appraisal online. Our goal is to serve each and every client with the utmost care and consideration. We feel it is important in every way to help ensure the appraisal experience is positive for our clients. We accomplished this through our commitment to quality appraisals delivered in a timely and professional manner. I encourage you to call for answers to the appraisal process or any questions you might have regarding your real estate and any appraisal needs. For homeowners, we provide appraisal reports for single family properties, condominium units, vacant land and multi-family property. Eileen Partridge is certified with HUD/FHA as an approved appraiser and is a North Carolina Certified General Appraiser

Response time11 hrs
Recommended by100%of homeowners
Avatar for Shackelford & Associates
Shackelford & Associates
New to Angi
Appraisal - General

Serving Dudley, 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.

Response time2 days
Response rate88%
Antiques and Jewelry Appraisals questions, answered by experts

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.

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 cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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

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