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Avatar for Village Appraisal Ltd.
Village Appraisal Ltd.
0.0(
6
)
Appraisal - Real Estate

Serving Stryker, OH and surrounding areas

In business since 2000

Free estimates

Credit card accepted

I have been providing the highest quality appraisals reports since 2005. Village Appraisal Ltd. strives to provide the highest standards of professionalism throughout the appraisal process. As an Ohio Certified Appraiser, it is my highest priority and commitment to excel in the adherence to the standards set by USPAP, as well as the industry standards. I also have a solid base of experience in complex and unique properties, as well as high value appraisals. I am here to help, when others will not. \n\nI am pet friendly as long as your pets are friendly to me. I am a mother, no need to pick-up all the Legos! I am flexible and will arrange my schedule around a time that is convenient for you. Thank-you for considering Village Appraisal Ltd. for your appraisal needs. \n\nMy fee for most appraisals is $450.00\n\n\n

Response time40 mins
Response rate100%
Recommended by83%of homeowners
Property Appraiser questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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.

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 Stryker, OH homeowners’ guide to property appraisals

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