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Taft Appraisal Service
New to Angi

Serving Poughkeepsie, NY and surrounding areas

In business since 1992

Credit card accepted

Our first responsibility at Taft Appraisal Service is to inspect the property to determine its true status. We must see features hands on, such as the number of bedrooms and bathrooms, the location, and so on, to ensure they truly exist and are in the shape a reasonable person would expect them to be. No matter what type of real estate you have, our experience and hours of study as licensed appraisers make us qualified to provide home valuations in Dutchess County for clients ranging from national mortgage companies, to local lenders or individual businesses and consumers.

Response time10 hrs
Antiques and Jewelry Appraisals questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Poughkeepsie, NY homeowners’ guide to antique and jewelry appraisals

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