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Find Property appraisers in Wayne

Avatar for AA Appraisals
AA Appraisals
5.0(
17
)

Serving Wayne, NJ and surrounding areas

Approved

In business since 2005

Free estimates

Small jobs welcome

"After my wife and I sent the initial appraiser a 5-6 page request for reconsideration as we felt his opinion on the value of our home was quite low, the appraiser removed himself. Lynn from AA Appraisals then came in and appraised our home. She was professional, thorough and looked at/factored things that the previous appraiser did not. The appraisal report Lynn sent us was extremely detailed. I highly recommend AA Appraisals."
Business card
Response time12 hrs
19 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Gregory S Quarantello
Gregory S Quarantello
5.0(
172
)

Serving Wayne, NJ and surrounding areas

Approved

Super Service Award Winner

In business since 2007

Customers say: True professional

"Professional and prompt! Greg appraised 2 properties in one day and got the report out the same week. Thanks for a seamless experience! Would def recommend!"
Exterior Photos
New Colonial
Exterior
Response time3 hrs
Response rate95%
19 neighbors recently requested a quote
Avatar for Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)

Serving Wayne, NJ and surrounding areas

Approved

In business since 2006

Free estimates

Credit card accepted

"They are an outstanding appraisal company who work diligently on their real estate appraisals to help you determine value. I would highly recommend working with Porter Place Appraisals!"
Response time1 day
7 neighbors recently requested a quote
Recommended by100%of homeowners
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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.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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

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 Wayne, NJ homeowners’ guide to property appraisals

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