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M&L Appraisal Services
New to Angi
Appraisal - General

Serving Shamong, NJ and surrounding areas

At Homestead Estate Services, we believe in dedicated and meticulous care of our clients�� homes and belongings. We pride ourselves on reliable property management, impeccable attention to detail, and assurance that our clients�� privacy is kept and needs are met, no matter what.\n\nWhether you need a few hours of organization, or a daily concierge, Homestead Estate Services guarantees prompt service, a professional trustworthy staff, and peace of mind knowing that with just a phone call, you can spend more time enjoying your home, rather than running it.\n\nWith our loyal and skilled staff, we are able to make each client our first priority, while keeping each household secure.\n\nLet us serve you. -thank you.\n

Antiques and Jewelry Appraisals 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.

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

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.

The Shamong, NJ homeowners’ guide to antique and jewelry appraisals

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