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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

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

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

Home and property appraisals cost about $355 on average, ranging from $250 to $500, depending on the size of the home and property, age of the property, comparability to nearby homes, and location. While single-family homes typically cost between $300 and $400 to appraise, multi-family home appraisal can cost $500 to $1,000 due to the increased size and building complexity.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

The Scranton, SC homeowners’ guide to property appraisals

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