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  • Average homeowner rating star icon4.9
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  • Verified reviews icon14
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Avatar for Cricket Restoration
Cricket Restoration
3.6(
7
)
Appraisal - General

Serving Jamestown, NC and surrounding areas

In business since 2013

Free estimates

Emergency services offered

"Family operation local to Lexington. Workmanship was great for the price. They communicated well and kept me in the loop as far as arrival times, progress and a finish date and were pretty close to estimated completion time. There were few hiccups that we worked through but overall happy with my new wood dog fence. I would hire againâ ¦"
Response time10 hrs
Recommended by83%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

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. 

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

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.

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.

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

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