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Avatar for C and J Appraisal Company, L.L.C
C and J Appraisal Company, L.L.C
5.0(
3
)
Appraisal - Real Estate

Serving Mayodan, NC and surrounding areas

In business since 2019

Free estimates

We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumer's needs.\n\nOur services cover:\n. Consultation Services and Real Estate Strategies\n. Single Family & Multi Family Appraisals(2-4Units)\n. Land & Evaluation Reports\n. Tax Appeals & Appraisal Review\n. Insurance Inspections & Disaster Relief\n. Inspections\n. Improvement Measurement Services \n. Reverse Mortgage & Foreclosure Reports \n\nUse our services to help you make an educated decision. Don't hesitate to reach out to us.

Response time6 hrs
Recommended by50%of homeowners
Horner Apprisals
New to Angi
Appraisal - Real Estate

Serving Mayodan, NC and surrounding areas

In business since 2001

Free estimates

We pride our company on reliability, great communication, integrity, and quality work. We believe in giving our absolute best in all of our projects, no matter how big or small. You will find us to be competitively priced, with close attention to the details of each and every project. We are experts in our trade and will always keep you educated on your particular task or project. We look forward to earning your business, so please ask us for references.

Property Appraiser questions, answered by experts

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.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Mayodan, NC homeowners’ guide to property appraisals

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