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Holt Appraisal Group
New to Angi
Appraisal - Real Estate

Serving Erwin, 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!!!

Response time2 days
Property Appraiser questions, answered by experts

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. 

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.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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.

The Erwin, TN homeowners’ guide to property appraisals

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