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Avatar for Cricket Restoration
Cricket Restoration
3.6(
7
)
Appraisal - General

Serving Welcome, NC and surrounding areas

In business since 2013

Free estimates

Emergency services offered

"Family operation local to Lexington. Workmanship was great for the price. They communicated well and kept me in the loop as far as arrival times, progress and a finish date and were pretty close to estimated completion time. There were few hiccups that we worked through but overall happy with my new wood dog fence. I would hire againâ ¦"
Response time10 hrs
Recommended by83%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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.

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. 

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

The condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

The Welcome, NC homeowners’ guide to antique and jewelry appraisals

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