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Mora Real Estate Appraisal Service, LLC
4.9(
17
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2001

Free estimates

Credit card accepted

"Wendy was very through and professional. She arrived on time and explained the appraisal process. She returned an appraisal report back to us in 72 hours based on current comps demonstrating the value of our home and property. I highly recommended her if you need your home appraised."
Response time2 hrs
Recommended by100%of homeowners
Preferred Appraisals, LLC
4.8(
4
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2000

We're a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer over 20 years of industry experience and a variety of home appraisal services that are customizable to each individual home. We specialize in real estate appraisals. We look forward to building lasting relationships and guarantee your satisfaction!\n\n

Response time1 day
Recommended by100%of homeowners
Avatar for B.A. Smith Home Appraisal
B.A. Smith Home Appraisal
5.0(
1
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2007

B.A. Smith Home Appraisal is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 11 years of hands on experience. Please feel free to contact us today!

Response time40 mins
Response rate100%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

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.

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.

The Newton, NC homeowners’ guide to property appraisals

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