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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
69
)
Appraisal - Real Estate

Serving Penasco, NM and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Did what was requested in a timely manner. No hassles which is exactly what a person needs when dealing with the loss of a spouse. This was specific for an estate appraisal. Not an appraisal to buy real estate. This is for estate tax purposes which is different. Thank you."
Restaurant
Response time5 hrs
Response rate89%
1320 neighbors recently requested a quote
Avatar for Annex Builders Llc
Annex Builders Llc
5.0(
7
)
Appraisal - Real Estate

Serving Penasco, NM and surrounding areas

In business since 2023

Free estimates

Warranties offered

"I saw Annex Builders LLC build our neighbors garage and I asked them for a quote to stucco our house. The price was very reasonable and they completed the job very satisfactorily. At the same time they redone our entire roof. I will definitely hire these guys again for any job, big or small."
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+56

Response time4 days
Response rate100%
Recommended by85%of homeowners
Real Estate Agents questions, answered by experts

Yes, home additions almost always increase a home's value and can be a good investment by enhancing both its utility and square footage. The actual return depends on several factors, including the type of addition, quality of work, and local market conditions. Key additions like extra bedrooms, bathrooms, and larger kitchens tend to offer the highest returns. For example, adding a primary suite might result in a 63% return on investment, while a sunroom may yield around a 49% return. For the best results, additions should be well-planned to integrate seamlessly with the existing structure.

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.

A shed that connects to water or electrical services is likely to be assessed for property taxes; however, tax assessments vary around the country. Since every state and local municipality differ regarding property taxes, you should contact your city to determine whether or not you’re required to pay property taxes. Some states consider sheds or detached garages taxable if they have water, sewer, and electricity installed.

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

If you are trying to sell a home with asbestos siding, most jurisdictions force you to disclose this in official documentation about the home. Some potential buyers may not want to purchase a home with asbestos siding, which could negatively affect their health if the siding becomes disturbed. However, as long as the siding is in good condition, some buyers may not see it as a disadvantage. You could take on the cost to replace asbestos siding if you have concerns over this material affecting your home’s resale value.

The Penasco, NM homeowners’ guide to real estate services

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