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  • Verified reviews icon58
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Avatar for Value Able Appraisals
Value Able Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Henderson, NV and surrounding areas

Approved

In business since 2016

Free estimates

Credit card accepted

You can trust us to use leading-edge techniques to determine what your property is worth. Whether you want to value an estate, choose a listing price, or just make sure you aren't over-paying, you can make your decision with peace of mind.

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+2

Response time6 hrs
Response rate100%
Avatar for Eagle Home Appraisal
Eagle Home Appraisal
5.0(
8
)
Appraisal - Real Estate

Serving Henderson, NV and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"I live in San Diego and needed a home appraisal to establish a step up basis and market value of a home my mother owned in Las Vegas. I contacted Eagle Home appraisal in Las Vegas. They were very responsive and professional. They coordinated with the local renters for the on-site inspection. The apraisal was completed and delivered in a timely fashion. I was very satisfied with the service I was provided and would recommend Eagle Home Appraisal."
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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. 

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

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.

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

The Henderson, NV homeowners’ guide to property appraisals

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