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TRUSTED BY CENTRAL FALLS, RI HOMEOWNERS

  • Average homeowner rating star icon4.8
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  • Verified reviews icon25
    Verified property appraisals reviews

Find Property appraisers in Central Falls

Avatar for Cullen Real Estate and Appraisal Company
Cullen Real Estate and Appraisal Company
4.9(
444
)
Appraisal - Real Estate

Serving Central Falls, RI and surrounding areas

Approved

In business since 1990

Free estimates

Emergency services offered

"Very positive experience working with Cullen Real Estate and Appraisal. They were able to accommodate my schedule for the property inspection and communicated frequently. Tom, the lead appraiser, was knowledgeable, friendly, prompt, and able to answer all of my questions. The best part is that we received a complete, well-researched report within just a couple of business days...super fast turnaround! I would certainly recommend Cullen to anyone looking for a truly professional company to appraise their property."
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Land Appraisal

+3

Response time4 hrs
22 neighbors recently requested a quote
Recommended by98%of homeowners
Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)
Appraisal - Real Estate

Serving Central Falls, RI and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Excellent communications before our appointment and honest appraisal of the property advising us to find something else needing less work (less money for him).  He pointed out many things we missed in our first look at the property.  Very invaluable and we will use him in the future"
Before
After's
New boiler install
Removal of cast Iron to PVC.
Additional Photos

+37

Recommended by89%of homeowners
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Property Appraiser questions, answered by experts

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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). 

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

The Central Falls, RI homeowners’ guide to property appraisals

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