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Avatar for Michael E. Minden Diamond Jewelers
Michael E. Minden Diamond Jewelers
4.0(
4
)
Appraisal - General

Serving Logandale, NV and surrounding areas

In business since 1988

Free estimates

Credit card accepted

"The diamond in my wedding ring was my mother's and it was in the original setting. I've been wanting to remount the diamond into a new ring setting for a long time and finally scheduled an appointment at Michael E. Minden. I am so glad that I did!! Their staff is incredibly professional and always so kind. They helped me keep the history of the diamond and gold from my old ring to transform it into the brand new wedding ring of my dreams!! I can now wear the materials that I inherited in a modern style that I enjoy. Thank you Michael E. Minden Diamond Jewelers!"
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+5

Recommended by75%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

The Logandale, NV homeowners’ guide to antique and jewelry appraisals

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