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Avatar for On Time Realty Services, LLC
On Time Realty Services, LLC
4.4(
26
)
Appraisal - Real Estate

Serving Lima, NY and surrounding areas

Approved

In business since 1997

Emergency services offered

Small jobs welcome

"He checked out our lake home and said it was not worth appraising it to reduce taxes because comparable homes had close to the same home value as ours. He did not want any money for the few hours he put in. I was amazed with his honesty and not wanting to charge us for an appraisal which was not necessary. He was also very easy to get hold of. I would definitely use him again."
Response time9 hrs
20 neighbors recently requested a quote
Recommended by100%of homeowners
Hustle Appraisal, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Lima, NY and surrounding areas

In business since 2004

Free estimates

Credit card accepted

Hustle Appraisal, LLC, is a real estate valuation firm performing appraisals for lenders, real estate agents, lawyers, accountants, and private parties. We pride ourselves on our high quality, diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence, and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Response time1 hour
Recommended by100%of homeowners
Avatar for Good Friends Movers LLC
Good Friends Movers LLC
New to Angi
Appraisal - Real Estate

Serving Lima, NY and surrounding areas

In business since 2022

Free estimates

Credit card accepted

Spend less of your precious time, and strain on your body by hiring a professional moving company. Good Friends Movers knows that a local or even long-distance move can be an exciting, yet sometimes unsettling experience. However, with Good Friends Movers by your side, there is nothing to it! We will help you understand the way moving charges are determined from the beginning, to ensure an accurate estimate so there are no surprises on your moving day.

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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.

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

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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.

The Lima, NY homeowners’ guide to property appraisals

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