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Avatar for Professional Appraisal Services, Inc.
Professional Appraisal Services, Inc.
4.1(
15
)

Serving Cayce, SC and surrounding areas

Approved

In business since 2004

Credit card accepted

Customers say: True professional

"Appraiser promptly replied to my request and emailed the details requested, as requested. I would have hired him if it weren't for the fact that my lender required the use of their pre approved appraiser."
Construction appraisals
Subject to construction or addition appraisals
Kitchen need an update?
New construction appraisal/Traditional style
Lake lot appraisal/land or land & home

+5

Response time1 day
Recommended by91%of homeowners
Avatar for Loyer & Loyer Appraisal Services
Loyer & Loyer Appraisal Services
New to Angi

Serving Cayce, SC and surrounding areas

Approved

In business since 1990

Free estimates

Credit card accepted

Loyer & Loyer Appraisal Services, Inc. has been a leading provider of real estate valuations for over 30 years. We are widely recognized as the fastest and highest quality appraisal businesses in the Columbia, South Carolina Metro Area.

Response time7 hrs
Avatar for Right Approach Appraisals
Right Approach Appraisals
5.0(
2
)

Serving Cayce, SC and surrounding areas

In business since 2023

Free estimates

Emergency services offered

Right Approach Appraisals, with 10 years of real estate appraisal experience, is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Exterior Appraisal pg 1
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+70

Response time2 hrs
Response rate89%
Recommended by100%of homeowners
Showing 1-10 of 20
Property Appraiser questions, answered by experts

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Cayce, SC homeowners’ guide to property appraisals

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