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TRUSTED BY WAKEFIELD, RI HOMEOWNERS

  • Average homeowner rating star icon4.9
    Average homeowner rating
  • Verified reviews icon12
    Verified property appraisals reviews

Find Property appraisers in Wakefield

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

Serving Wakefield, 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 Distinctive Painting
Distinctive Painting
4.8(
163
)
Appraisal - Real Estate

Serving Wakefield, RI and surrounding areas

In business since 2000

Free estimates

Credit card accepted

"I had Distinctive Painting paint to entire upstairs of my home. The job consist of all the ceilings, walls, trim, doors, baseboard and minor dry wall repair. Mario did a fantastic job on the trim, I was surprised he could paint that close to our hardwood floors and carpets without touching any of them. He correct all the cracks and repaired all screw holes in the drywall and the walls and ceiling looks great. The price was comparable to other quotes that I got. Overall my wife and I were very pleased with his work and will use again."
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+6

Recommended by94%of homeowners
Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)
Appraisal - Real Estate

Serving Wakefield, 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.

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.

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.

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.

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.

The Wakefield, RI homeowners’ guide to property appraisals

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