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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

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

Serving Spring Lake, 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
Appraisal Works, Inc.
New to Angi
Appraisal - Real Estate

Serving Spring Lake, NC and surrounding areas

In business since 2006

Appraisal Works, Inc., 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 13 years of hands on experience, to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with.

Avatar for Veterans Roofing & Construction
Veterans Roofing & Construction
3.7(
67
)
Appraisal - Real Estate

Serving Spring Lake, NC and surrounding areas

In business since 2000

Free estimates

Emergency services offered

"They were a great company to do business with. Work was completed efficiently and they were very professional. The quality was excellent and I got many compliments on how wonderful the kitchen looks now. They cleaned up all of the work site and were very accommodating with the family at the rental property. I would highly recommend them and I will be doing business with them in the near future."
Recommended by83%of homeowners
Mangum Appraisal Company
New to Angi
Appraisal - Real Estate

Serving Spring Lake, NC and surrounding areas

In business since 1980

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions.. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n\nAsset division for situations like a divorce\n\nDeciding on a listing price for your property\n\nTax Challenges (reducing property taxes) if you live in an area where house prices have declined\n\nDetermining market value on real estate related to a bankruptcy\n\nFiguring out the value of home improvements you may have done or are deliberating\n\nRetrospective appraisals\n\n

Property Appraiser questions, answered by experts

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.

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.

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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 Spring Lake, NC homeowners’ guide to property appraisals

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