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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
67
)
Appraisal - Real Estate

Serving Sioux Falls, SD and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1294 neighbors recently requested a quote
Wilde Real Estate Appraisal
New to Angi
Appraisal - Real Estate

Serving Sioux Falls, SD and surrounding areas

In business since 2003

Free estimates

Credit card accepted

We are a locally owned and operated company that values honesty and integrity. We have over 15 years of Residential Appraisal experience in Eastern South Dakota to give you confidence that we are your number one choice for residential appraisals. You will find us to be professional and competitively priced with close attention to the details. We look forward to hearing from you!\nWe do not work on manufactured (mobile) home

Response time7 hrs
Property Appraiser questions, answered by experts

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.

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

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

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.

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. 

The Sioux Falls, SD homeowners’ guide to property appraisals

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