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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
65
)
Appraisal - Real Estate

Serving La Luz, NM and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The work was performed extremely capably and produced an evaluation that should stand me in good stead as I appeal an excessive property tax revaluation. Akrivis provided me with an accurate, well documented report and took only seven days to do it. I am very pleased."
Restaurant
Response time5 hrs
Response rate89%
1291 neighbors recently requested a quote
Real Estate Agents questions, answered by experts

An Arizona room may or may not count toward your home’s square footage, depending on local regulations and the specifics of the room, but generally does not get included in the total square footage. In many locations, a room needs to be built to the same quality as the rest of the home, have an integrated heating/cooling system, and be habitable year-round to count toward square footage. 

Yes, a bump-out in any room, whether it’s the bedroom, bathroom, or kitchen, increases home value. Bump-outs add square footage and create a more modern, appealing look, which are proven ways to increase home value. On average, bump-outs offer an ROI between 30% and 50%. 

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.

Yes, landscaping costs are generally a worthwhile investment that can increase your property value. Landscaping can boost your home's value by up to 30% by improving its curb appeal, which can help it sell faster and for a higher price. Specific projects have a high return on investment (ROI); for example, revamping a front walkway can offer a 100% ROI, while a pristine, well-manicured lawn can deliver an impressive 217% ROI. In addition to the financial returns, you also get to enjoy the improvements, especially with features like an outdoor living area.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

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