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

Serving Champlain, NY and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"David was responsive and answered my questions in detail. Great experience working with them. Just wanted a third party opinion on a property before selling, which is exactly what I received. Miranda (person who came to property) was communicative and nice to work with."
Restaurant
Response time5 hrs
Response rate89%
1320 neighbors recently requested a quote
Avatar for Choice Home Warranty
Choice Home Warranty
4.0(
5,678
)
Appraisal - Real Estate

Serving Champlain, NY and surrounding areas

In business since 2008

Emergency services offered

Credit card accepted

"I had great service! The agent who did the faucets was very polite, and professional. He did a great job, our faucets are nice and sturdy. On the washing machine issue, the agents that arrived were also polite and professional. The agent said that the machine needed to be replaced. Fortunately, the coverage I had allowed me to be approved to purchase a new one! I guess I made the right (CHOICE HWS)"
Recommended by81%of homeowners
Real Estate Agents questions, answered by experts

No, the appraisal value comes from an appraiser and is a professional opinion of value based on property location and condition, while the market value is determined solely by what buyers are willing to pay for your home. Lenders normally use appraised values to ensure they’re staying within target loan-to-value (LTV) ratios—the market value is simply what the home sells for. Appraised value can sit above or below market value.

Currently, the average house in Hawaii is around $830,000, with prices having risen over the last five years. Some areas, like Honolulu or Ewa Beach, are a bit less expensive, but others, like Waimanalo and Pearl City, drive up the average price.

Factors considered in a property appraisal include its size, location, and overall condition, as well as recent comparable sales (comparables) and current market trends.

Tiny homes may depreciate and be more challenging to sell because of their size, customization, and unique space. If your tiny home is on wheels, depreciation can happen in the same way that cars and RVs do. If your tiny home isn’t structurally sound, the resale value will also be lower. 

If the appraised value comes in lower than an offer, a buyer will normally be able to back out because a low appraisal can prevent a mortgage from going to underwriting. The buyer can also try to negotiate for a lower sale price or offer to put down more cash to bridge the appraisal gap.

The Champlain, NY homeowners’ guide to real estate services

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