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Find Property appraisers in Chepachet

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

Serving Chepachet, RI and surrounding areas

Approved

In business since 1990

Free estimates

Emergency services offered

"Cullen RE responded quickly and professionally on hone advisor. I hired them to perform a RE appraisal during the tough Covid-19 times. They worked around this by going to my property and inspecting while I stayed home. I received my appraisal quickly. I would use them again."
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Land Appraisal

+3

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

Serving Chepachet, RI and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"This was one of Angie's special deals. The company did a good job, but
my complaint is that we called them countless times to schedule an
appt. and even though we were told someone would get back to us, no one ever called us back.  My husband came home one day
after months of calling and the team was there doing the job.  I
understand that these deals are popular, but it would have been nice to
at least have received a group email explaining the situation instead of
leaving us hanging not knowing if they would ever come.  Another
company we used for a special deal (gutter cleaning) sent out an email
explaining they were doing houses in groups according to location and
you should contact them if you needed to be home when they arrived.
"
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

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.

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.

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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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.

The Chepachet, RI homeowners’ guide to property appraisals

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