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Avatar for Capital Property Group
Capital Property Group
4.8(
9
)
Appraisal - General

Serving North, SC and surrounding areas

Approved

In business since 1999

Free estimates

Credit card accepted

"I've worked with numerous appraisers throughout the years that we have been in full time real estate investing. Like any profession, you have people who are good at what they do and then you have people who excel. Ms. Sharpe with Capitol Property Group excels. When our lender backed out of a loan at the last minute because their appraiser could not determine how to appraise a specific property, Ms. Sharp was the next appraiser who was chosen by a new lender. Although she encountered the same challenges as the first appraiser, she was able to use the same data available to him and everyone else and couple that with her expertise to determine a fair value for the subject property. Since then she is the first person I call when we have property appraisal needs. She has the heart of a teacher and will take the time to explain and answer any questions I have. She is knowledgeable about the local market and the sub markets within it. Her conclusions are firmly backed by data protecting both the lender and the buyer."
Letter of Referral
Letter of Referral
Letter of Referral
Response time1 day
Response rate96%
10 neighbors recently requested a quote
Antiques and Jewelry Appraisals questions, answered by experts

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.

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

The North, SC homeowners’ guide to antique and jewelry appraisals

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