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Avatar for Integrated Assets
Integrated Assets
4.6(
10
)
Appraisal - Real Estate

Serving Henning, 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 $600+, 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\nReport Types:\nDivorce, Probate, ERC Relocation, Pre-Listing, Private Sales, Rentals & AirBnB, Investment Properties, REO Pre-Foreclosure, Bankruptcy, Insurance, Tax, Hard-Money & Cash Deals, Agricultural Land, Small Commercial & 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\nCover: Memphis metro TN, MS, & AR\nPayment: Cash, CashApp, Apple Pay, Zelle, Square (due @ inspection)\n\n-$50 discount for leaving Yelp/Google reviews\n\nText 901.289.1374 or email [email protected] property address, purpose, & deadlines.\nAppraiserMcDonald.com\nCalendly.com/glennmcdonald/30min

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

+19

Response time2 days
Recommended by71%of homeowners
Butler Appraisal
3.5(
2
)
Appraisal - Real Estate

Serving Henning, 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
Property Appraiser questions, answered by experts

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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

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.

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 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.

The Henning, TN homeowners’ guide to property appraisals

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