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ADVANTAGE REALTY GROUP INC

2573 BROAD ST
5.00(
1
)

ADVANTAGE REALTY GROUP INC

2573 BROAD ST
5.00(
1
)
Customers say: Quick response
Recommended by 100% of Angi customers
Recommended by 100% of HomeAdvisor customers

Sumter's Largest Real Estate Office and # 1 Independently-Owned Real Estate Brokerage. Buy, Build, Sell or Rent We're All You Need! Our highly trained and experienced Realtors will guide you through the Home Selling or Purchasing process by providing excellent customer service. We provide guidance and experience necessary to see you through buying, selling or renting your home. Sumter's #1 Residential Home Builder, Gainey Construction Co. building homes in Sumter County for over 25 years.

Sumter's Largest Real Estate Office and # 1 Independently-Owned Real Estate Brokerage. Buy, Build, Sell or Rent We're All You Need! Our highly trained and experienced Realtors will guide you through the Home Selling or Purchasing process by providing excellent customer service. We provide guidance and experience necessary to see you through buying, selling or renting your home. Sumter's #1 Residential Home Builder, Gainey Construction Co. building homes in Sumter County for over 25 years.

Property Appraiser questions, answered by experts

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

The Turbeville, SC homeowners’ guide to property appraisals

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

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