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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Hermitage, TN and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for Fisher Appraisals
Fisher Appraisals
3.9(
16
)
Appraisal - Real Estate

Serving Hermitage, TN and surrounding areas

In business since 2003

"Bobby Fisher Appraisals was excellent and top notch! Bobby was extremely knowledgeable, fair and concise in his report! His expertise and experience shows in his work. Thank you Bobby for being available and answering all my questions at any time! I would and will continue to recommend your services,"
Response time1 day
Recommended by64%of homeowners
Curtis Hopper, SRA
4.8(
2
)
Appraisal - Real Estate

Serving Hermitage, TN and surrounding areas

In business since 1984

Free estimates

Credit card accepted

A leading appraiser in Mount Juliet, Curtis Hopper, SRA, focuses on providing optimum quality appraisal services for everyone in Tennessee. As the company owner, Curtis Hopper, I have been in the industry for over 33 years. Thus, you can rest assured that no matter what project we handle, we will be giving nothing but highly professional and expert works. We understand that price is one of the most important deciding factors for clients. That is why we offer the fairest prices for our best quality works. Call today for your free estimate!

Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

The Hermitage, TN homeowners’ guide to property appraisals

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