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Shackelford & Associates
New to Angi
Appraisal - General

Serving Jamesville, 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 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 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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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

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

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