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MARTIN'S TAX SVC

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MARTIN'S TAX SVC

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LICENSED ACCOUNTANTS SPECIALIZING IN ASSISTING SMALL BUSINESS OWNERS TO MINIMIZE THEIR TAX OBLIGATIONS BY SEARCHING FOR ALL LEGAL DEDUCTIONS ALLOWED BY THE IRS CODE.

LICENSED ACCOUNTANTS SPECIALIZING IN ASSISTING SMALL BUSINESS OWNERS TO MINIMIZE THEIR TAX OBLIGATIONS BY SEARCHING FOR ALL LEGAL DEDUCTIONS ALLOWED BY THE IRS CODE.

Property Appraiser questions, answered by experts

While a single shelf here and there doesn’t add value to your home, a built-in bookcase can increase your home’s value under the right circumstances. Not every built-in bookcase works in your favor here—those built from high-quality materials tend to provide a better ROI. If you’re looking for your bookcase to work for your home’s value, consider having a professional build it with luxury hardwood.

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.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

The Lake View, SC homeowners’ guide to property appraisals

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