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Healy Home Services LLC
5.0(
1
)
Appraisal - General

Serving Box Elder, SD and surrounding areas

In business since 2022

Free estimates

Credit card accepted

"Micah is an excellent on task contractor, always on time and productive. He's very quick at resolving any possible material or project changes. We've found Micah to be very reliable, trustworthy and honest to work with. He's been a real pleasure in a time when you're lucky to even get a phone call back from a contractor. Would most certainly hire him again!"
Finished Deck
Pre-sealent
Response time30 mins
Response rate100%
Recommended by100%of homeowners
Antiques and Jewelry Appraisals 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. 

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

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.

The Box Elder, SD homeowners’ guide to antique and jewelry appraisals

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