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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
62
)
Appraisal - Real Estate

Serving Dayton, NV and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1323 neighbors recently requested a quote
Lake Tahoe Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Dayton, NV and surrounding areas

In business since 1972

Free estimates

With forty plus years of experience Lake Tahoe Appraisals, LLC is the area's leading appraiser. When we do an appraisal, you can feel confident that you are getting an accurate value of the whole property. With our familiarity with the Lake Tahoe housing market, we can give you the expertise that you deserve.

Response time1 day
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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. 

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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

The Dayton, NV homeowners’ guide to property appraisals

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