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Avatar for Heath Hewett Real Estate Services
Heath Hewett Real Estate Services
5.0(
3
)
Appraisal - Real Estate

Serving Northwest, NC and surrounding areas

In business since 2008

Free estimates

Emergency services offered

"I coordinated this appraisal from a different state, with Mr. Hewett, It was last minute notification, i needed the appraisal to appeal my taxes. Mr. Hewett was willing to go to another residence to pick up keys, to enter my home, complete the appraisal, return the keys, and then send the completed appraisal to me. Which was a very nice and thorough job. Thank You Mr. Hewett"
Response time1 day
Recommended by100%of homeowners
Anderson Appraisal Services, LLC
4.0(
1
)
Appraisal - Real Estate

Serving Northwest, NC and surrounding areas

In business since 2000

I pride myself on my professionalism, as well as my ability to complete \nevery job to the homeowner's total satisfaction. I never leave a job \nunfinished, or a homeowner not 100% satisfied with my level of service -\n Call today! It doesn't matter what type of property you have. Our experience and education as licensed appraisers make us qualified to offer home valuations in New Hanover County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.

Appraisals
Response time8 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

The Northwest, NC homeowners’ guide to property appraisals

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