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*The Angi rating for Property Appraisal companies in Block Island, RI is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

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Last update on November 27, 2025

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Executive Reality

5.00(
1
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Executive Reality

5.00(
1
)
Customers say: Quick response
Recommended by 100% of Angi customers
Recommended by 100% of HomeAdvisor customers

Executive Investments and Realty, Co. serving Rhode Island for over 30 years. Offering brokering, developing, and also construction of real estate. Our experience, highly knowledgeable team of real estate associates are here to assist with all of your real estate needs. JOSEPH G. FORMICOLA JR - BROKER: After working for a local real estate firm for several years, Joe founded Executive Investments and Realty, Company over 30 years ago and today maintains position of President/CEO. He has been deeply engaged in brokering, developing, and also construction of real estate while presently is a licensed broker in Rhode Island. Throughout his career, he has been involved with the sale of billions of dollars of industrial, commercial, and residential properties within the United States; for over 15 years, has been the national real estate consultant for a multi-billion dollar industrial conglomerate based in Europe dealing with acquisitions and divestitures of their many US properties. Locally, Joe has been elected twice as President of the Narragansett Chamber of Commerce and is a member of the Lion’s Club for more than 30 years, serving as its chairman for the Blessing of the Fleet for six consecutive years and chairing campaigns for the Heart Fund, Cancer Fund, United Way and Meeting Street School charities, together with numerous other philanthropic causes. Joe is a graduate of the School of Business at the University of Rhode Island and maintains a degree in Management and a minor in Marketing and Industrial Engineering. Involvement in his alma mater allowed Joe to serve for more than 20 years to present on the Executive Committee of the Board of Trustees of the URI Foundation and a member of the Investment and Chairman of its Real Estate Committee. A former President of the URI Athletic Association, Joe chaired the Major Donor Committee to secure private funding so that the multi-purpose Ryan Center (Southern Rhode Island’s largest sports/convention facility) could be built. phone: (401) 783-9000 x104. STELLA FITZSIMMONS: Stella excels as a real estate consultant with Executive Investments & Realty in Narragansett. Providing thorough and exceptional service to her clients has earned her a sterling reputation in the real estate industry as one of the top salespersons not only in South County but the entire State of Rhode Island. Notably, she has achieved a multi-million sales record for over 25 years and the recipient of the Kent Washington Board of Realtors Circle of Excellence Award. She has been an established real estate professional since 1984 and has lived in the South County area for over 28 years. phone: (401) 783-9000 x107 | cell: (401) 639-4455. JERRY SAHAGIAN ~ Jerry A. Sahagian Since becoming a REALTOR in 1989, Jerry has had very significant experience in many areas of real estate including land and building development. As a qualified real estate expert witness, he has testified before many zoning and planning boards, plus numerous courts throughout the state; a member for over 10 years of Coastal Resource Management Council (CRMC) enables Jerry to become an expert on water related real estate issues and applications. phone: (401) 783-9000 x102. For the rest of our sales team please visit www.execrealty.net/meet-the-team/

Executive Investments and Realty, Co. serving Rhode Island for over 30 years. Offering brokering, developing, and also construction of real estate. Our experience, highly knowledgeable team of real estate associates are here to assist with all of your real estate needs. JOSEPH G. FORMICOLA JR - BROKER: After working for a local real estate firm for several years, Joe founded Executive Investments and Realty, Company over 30 years ago and today maintains position of President/CEO. He has been deeply engaged in brokering, developing, and also construction of real estate while presently is a licensed broker in Rhode Island. Throughout his career, he has been involved with the sale of billions of dollars of industrial, commercial, and residential properties within the United States; for over 15 years, has been the national real estate consultant for a multi-billion dollar industrial conglomerate based in Europe dealing with acquisitions and divestitures of their many US properties. Locally, Joe has been elected twice as President of the Narragansett Chamber of Commerce and is a member of the Lion’s Club for more than 30 years, serving as its chairman for the Blessing of the Fleet for six consecutive years and chairing campaigns for the Heart Fund, Cancer Fund, United Way and Meeting Street School charities, together with numerous other philanthropic causes. Joe is a graduate of the School of Business at the University of Rhode Island and maintains a degree in Management and a minor in Marketing and Industrial Engineering. Involvement in his alma mater allowed Joe to serve for more than 20 years to present on the Executive Committee of the Board of Trustees of the URI Foundation and a member of the Investment and Chairman of its Real Estate Committee. A former President of the URI Athletic Association, Joe chaired the Major Donor Committee to secure private funding so that the multi-purpose Ryan Center (Southern Rhode Island’s largest sports/convention facility) could be built. phone: (401) 783-9000 x104. STELLA FITZSIMMONS: Stella excels as a real estate consultant with Executive Investments & Realty in Narragansett. Providing thorough and exceptional service to her clients has earned her a sterling reputation in the real estate industry as one of the top salespersons not only in South County but the entire State of Rhode Island. Notably, she has achieved a multi-million sales record for over 25 years and the recipient of the Kent Washington Board of Realtors Circle of Excellence Award. She has been an established real estate professional since 1984 and has lived in the South County area for over 28 years. phone: (401) 783-9000 x107 | cell: (401) 639-4455. JERRY SAHAGIAN ~ Jerry A. Sahagian Since becoming a REALTOR in 1989, Jerry has had very significant experience in many areas of real estate including land and building development. As a qualified real estate expert witness, he has testified before many zoning and planning boards, plus numerous courts throughout the state; a member for over 10 years of Coastal Resource Management Council (CRMC) enables Jerry to become an expert on water related real estate issues and applications. phone: (401) 783-9000 x102. For the rest of our sales team please visit www.execrealty.net/meet-the-team/

Property Appraiser questions, answered by experts

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 most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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. 

Mobile homes weigh anywhere between 45 to 50 pounds per square foot. Some newer options weigh up to 70 pounds per square foot. An average single-wide mobile home weighs 45,000 pounds, and a double-wide mobile home weighs about 70,000 pounds. Triple-wide mobile homes range from 90,000 to 100,000 pounds.

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 Block Island, RI homeowners’ guide to property appraisals

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