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Avatar for R & R  Appraisal Services LLC
R & R Appraisal Services LLC
4.3(
6
)
Appraisal - Real Estate

Serving Lattimore, NC and surrounding areas

In business since 2017

Free estimates

Credit card accepted

At R&R Appraisal Services, LLC, we provide professional appraisals to help our clients make informed decisions about their real estate investments. We give an accurate estimate of your house’s worth in today’s market.

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Response time5 hrs
Response rate90%
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Lattimore, NC and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Property Appraiser 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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

The Lattimore, NC homeowners’ guide to property appraisals

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