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Avatar for Rhiannon Smith Broker- Fox Real Estate Group
Rhiannon Smith Broker- Fox Real Estate Group
New to Angi
Appraisal - General

Serving Corbett, OR and surrounding areas

Warranties offered

Business Description (Angi Profile):\n\nLooking for the best real estate broker in Lake Oswego or West Linn? Look no further than Rhiannon Smith, a trusted residential and luxury real estate expert with Fox Real Estate Group – Keller Williams Portland Premiere.\n\nRhiannon specializes in helping clients buy dream homes, sell properties for top dollar, and navigate complex real estate transactions with confidence. Known as a strong negotiator and dedicated advocate, she brings deep knowledge of the Lake Oswego and West Linn markets, ensuring her clients always have the competitive edge.\n\nWhether you’re a first-time buyer, upgrading to a luxury home, or investing in residential property, Rhiannon provides hands-on, personalized service tailored to your goals. Her reputation as a results-driven professional makes her the go-to choice for anyone searching for the top real estate agent in West Linn or Lake Oswego.\n\n📍 Serving Lake Oswego, West Linn, and surrounding Portland metro neighborhoods.

Antiques and Jewelry Appraisals questions, answered by experts

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Corbett, OR homeowners’ guide to antique and jewelry appraisals

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