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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Waverly, PA 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
Jeffrey Jenkins
5.0(
3
)
Appraisal - Real Estate

Serving Waverly, PA and surrounding areas

In business since 1989

Free estimates

Emergency services offered

"In under one minute of submitting the request for a appraiser, we received a call from Jeff Jenkins. He called on a Friday afternoon and was scheduled for a appraisal on the Monday. Turn around time was good. Report was very thorough and easy to understand. His prices are very reasonable. I would use him again and reccomend him. Thanks Home Advisor."
Response time3 hrs
Response rate92%
Recommended by100%of homeowners
Define Appraisals
New to Angi
Appraisal - Real Estate

Serving Waverly, PA and surrounding areas

In business since 2019

Credit card accepted

DEFINE APPRAISALS is a leader in providing our customers with the highest quality service in an honest, efficient, and professional way. Our pledge is to create successful relationships with our customers, employees and community by building trust, treating every project with the utmost integrity and exceeding expectations. We look forward to working with you!

Response time30 mins
Pa Appraisal Group
New to Angi
Appraisal - Real Estate

Serving Waverly, PA and surrounding areas

In business since 2009

Free estimates

Credit card accepted

Pa Appraisal Group, is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 10 years of hands on experience, to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with. Please feel free to contact us today!

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Property Appraiser questions, answered by experts

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

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.

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.

The Waverly, PA homeowners’ guide to property appraisals

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