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Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Baltimore, OH and surrounding areas

Approved

In business since 1999

Free estimates

Emergency services offered

Porter is the premier source for professional commercial and residential real estate appraisals. Based in Marengo, our certified team specializes in high-quality asset management valuations, estate settlements, tax assessments, and prospective development analysis for property owners and investors. \n\nPlease note that our firm focuses strictly on established property and asset valuations; we do not accept assignments involving boundary, fence, or neighbor disputes, nor do we provide appraisal services for non-homeowners or renters. \n\nBy maintaining this specialized focus, we ensure efficient, top-tier service for our core investment and estate clients. Contact our office today at 419-253-1373 to discuss your valuation needs.

6 neighbors recently requested a quote
Recommended by100%of homeowners
Farm and Home Appraisal Network
5.0(
3
)
Appraisal - Real Estate

Serving Baltimore, OH and surrounding areas

In business since 1990

Free estimates

We are a locally owned and operated company, that values honesty and integrity, and treats your home as if it were our own. We have many years of experience, to give you confidence that we are your number one choice. You will find us to be competitively priced, with close attention to the details. We look forward to hearing from you.

Response time2 hrs
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Baltimore, OH and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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Property Appraiser questions, answered by experts

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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.

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. 

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The Baltimore, OH homeowners’ guide to property appraisals

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