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Curry
4.0(
2
)
Appraisal - Real Estate

Serving Mescalero, NM and surrounding areas

In business since 2000

Emergency services offered

Warranties offered

"Great- we started in the kitchen, went to the baths, and throughout the entire house.  He tested every appliance, checked level of floors, checked fireplace, tiles on floors, inspected heating system, windows, doors, looked at roof, yard, foundation, and had some great suggestions on repairs and improvements.  Great job."
Recommended by100%of homeowners
Real Estate Agents questions, answered by experts

Increases livable area and enhances aesthetic, often boosting property appeal.

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. 

Installing a new home theater or upgrading your current one will likely add value to your home, as many prospective buyers will consider it an exciting bonus feature. However, the value of a home theater is subjective and depends on the buyer, so there’s no guarantee that it’ll increase your home sale value. Keep in mind that home theaters typically have a return on investment rate of about 65%.

Stylish drop tiles, such as wood or metal, could add value to your home if the drop ceiling hides imperfections on an old surface. However, traditional fiberboard and plastic drop ceilings can have the opposite effect, especially if new prospective buyers do not like that aesthetic. Savvy buyers may also know that drop ceilings are a go-to ceiling option in areas where leaks are an issue, given the easy access to the area above the ceiling and the ease of replacing a single tile. This could dissuade a buyer from purchasing your home.

A home inspection and a home appraisal serve different purposes. A home inspection is a visual evaluation of the property's overall condition to identify any structural problems or issues with major systems like electrical and plumbing. Its main goal is to assess the home's long-term safety and determine if repairs are needed before a sale. In contrast, a home appraisal is a thorough evaluation of the property and its surrounding area to determine its current fair market value. This value helps set the asking price and guides the mortgage company’s lending decision. The average cost for both a home inspection and a home appraisal is around $350 each.

The Mescalero, NM homeowners’ guide to real estate services

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