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Holt Appraisal Group
New to Angi
Appraisal - Real Estate

Serving Chuckey, TN and surrounding areas

In business since 2000

Free estimates

Credit card accepted

As licensed appraisers, we posses the extensive education and competence to generate the type of reliable real estate value options that banks and major lending institutions require for mortgages. And with years of experience under our belt, we're more than ready to help our clients with a variety of property types. \n\nHow do we save time and keep our costs affordable without cutting quality? Our reply is simple: Technology. Of course, it's been our experience that in practically any business, service is the number one reason a client comes, goes and repeats or refers their friends. You'll be extended the utmost courtesy in all aspects of working and communicating with Holt Appraisal Group. Our goal is simply an unsurpassed experience for our clients. Let us prove to you the difference. \n\nCall Us Today!!!

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Property Appraiser questions, answered by experts

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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 can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Chuckey, TN homeowners’ guide to property appraisals

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