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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 Newberg, 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

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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

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