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Avatar for Akrivis Real Estate Valuations

Akrivis Real Estate Valuations

1428 Midway Road
4.43(
14
)
Approved Pro

Akrivis Real Estate Valuations

1428 Midway Road
4.43(
14
)
Approved Pro
Super Service Award
Customers say: Quick response
1314 local quotes requested
7 years of experience

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance. "

Melissa P on October 2025


Mohawk Valley 1st Choice Realty

70 Genesee Street
No reviews yet

Mohawk Valley 1st Choice Realty

70 Genesee Street
No reviews yet
25 years of experience

Our New Hartford office located on 70 Genesee St. has received national recognition from the National Association of Realtors for operating an office of unique service and design. Our evening office hours till 7:00 pm, along with our new community Welcome Center has placed us in the forefront of real estate companies in all of Central New York. Our office at 44 Morgan St. in Ilion NY opened in 2009 and has found great success in bringing our service style and expertise into Herkimer County.

Our New Hartford office located on 70 Genesee St. has received national recognition from the National Association of Realtors for operating an office of unique service and design. Our evening office hours till 7:00 pm, along with our new community Welcome Center has placed us in the forefront of real estate companies in all of Central New York. Our office at 44 Morgan St. in Ilion NY opened in 2009 and has found great success in bringing our service style and expertise into Herkimer County.


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. 

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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.

To get the highest appraisal value possible for your home, make any necessary repairs and updates prior to the appraisal. Some examples of tasks include updating landscaping to boost curb appeal, renovate older areas of the home, and consider staging your home. Keep in mind that some aspects of the appraisal are out of your control, such as comparable properties nearby.

The Taberg, NY homeowners’ guide to property appraisals

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