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Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)
Appraisal - Real Estate

Serving Gorham, NH and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Everything went wonderfully with this company.  They were very professional, listened to exactly what my problem was, and explained to me how they were going to diagnose the problem and/or solve it before doing any actual work.  Once they started, the team (three people came) worked together like a well-oiled machine.  One was in the room with diagnostics, one was at the fuse box looking for possible problems there, and the third went into the crawlspace beneath our house to look at the physical wiring.  Once the problem was found (there was a faulty wire beneath the house that had come loose from the junction box), it was fixed and tested within minutes and another full diagnostic was done to make sure there were no other possible issues.  They cleaned up after themselves very neatly.  They also replaced the light switch with a dimmer switch at no extra cost!  Well within my budget, and came in even lower than their original (FREE) estimate!  I would highly recommend this company to anyone in the Bergen County area.
"
Before
After's
New boiler install
Removal of cast Iron to PVC.
Additional Photos

+37

Recommended by89%of homeowners
Property Appraiser questions, answered by experts

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.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

Yes, experienced appraisers handle a variety of property types with tailored methods.

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 Gorham, NH homeowners’ guide to property appraisals

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