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Integrated Assets
4.6(
10
)

Serving Covington, TN and surrounding areas

Approved

In business since 2008

Free estimates

Emergency services offered

General-Purpose Appraisals (Not for Bank Loans)\nResidential fees range from $500+, based on form type, complexity, distance, property type, & rush delivery.\n\nSmall commercial appraisals with estimated values under $250K, small retail, office, mixed-use, & farm/agricultural land. Fees start @ $900, based on complexity.\n\nCommon Report Types:\nDivorce, Probate, Relocation, Pre-Listing, Private Sales, Rentals & AirBnB, Investment Properties, Pre-Foreclosure, Bankruptcy, Insurance Claims, Hard-Money & Cash Deals, REO, Vacant Land, Small Commercial, Agricultural Land, & UAD 3.6.\n\nLender or refinance appraisals must be ordered directly by the bank or AMC per federal regulations.\n\nDelivery: PDF after inspection & payment\nCoverage: Memphis metro TN, MS, & AR\nPayment: Cash, CashApp, Apple Pay, Zelle, Square (due @ inspection)\n\n-$50 discount for verified Yelp/Google reviews\n\nText 901.289.1374 or email [email protected] with property address, purpose, & timeline.\nAppraiserMcDonald.com

Lidar 3d Floorplan
Probate Appraisal
Divorce Appraisal
3D Lidar Sketch 3.6 UAD
Real Estate Closing

+19

Response time2 days
1 neighbors recently requested a quote
Recommended by71%of homeowners
Butler Appraisal
3.5(
2
)

Serving Covington, TN and surrounding areas

In business since 2000

Free estimates

Credit card accepted

Butler Appraisal is a real estate valuation firm performing appraisals for lenders, real estate agents, lawyers, accountants and private parties. We pride ourselves on our high quality, diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Response time1 day
Recommended by50%of homeowners
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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. 

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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. 

The Covington, TN homeowners’ guide to property appraisals

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