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Appraising Carolina Associates, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Semora, NC and surrounding areas

In business since 2010

Free estimates

"Ashley arrived on time, which was appreciated. She took outside pictures of the house, as well as several shots of the interior. The results were emailed to me within 48 hours, as promised. The appraisal was as detailed as the one I had done at the end of 2008, but her cost was less than the 2008 appraisal. I'm glad I found Appraising Carolina Assoc's through Servicemagic."
Recommended by100%of homeowners
Horner Apprisals
New to Angi
Appraisal - Real Estate

Serving Semora, 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

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

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.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

The Semora, NC homeowners’ guide to property appraisals

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