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Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Hanover, 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.

5 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Hanover, 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
Are 1st Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Hanover, OH and surrounding areas

In business since 2005

Free estimates

Are 1st Appraisals, is a locally owned and operated business specializing in residential home inspection. We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety, and quality, regardless of how large or small the job.

Response time3 hrs
Recommended by100%of homeowners
Jamie Wengatz Appraisals
4.1(
5
)
Appraisal - Real Estate

Serving Hanover, OH and surrounding areas

In business since 2000

Free estimates

Credit card accepted

Jamie Wengatz is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Response time5 hrs
Recommended by80%of homeowners
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Property Appraiser questions, answered by experts

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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 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 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 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. 

The Hanover, OH homeowners’ guide to property appraisals

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