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*The Angi rating for Property Appraisal companies in Newbern, TN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Newbern, TN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on December 17, 2024

Find Property appraisers in Newbern

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
76
)
Appraisal - Real Estate

Serving Newbern, TN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
956 neighbors recently requested a quote
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Catherine Joslin Coman Appraisals
4.8(
2
)
Appraisal - Real Estate

Serving Newbern, TN and surrounding areas

In business since 1992

Free estimates

Catherine Joslin Coman Appraisals specializes in providing professional real estate valuation services in the state of Tennessee. Appraisal reports are prepared with the precision that the industry demands, and all of our assignments comply with the Uniform Standards of Professional Appraisal Practice. We appraise all types of residential properties. With more than 25 years of appraisal experience in the state of Tennessee, Catherine Joslin Coman Appraisals has built its business on integrity, honesty, accuracy, and attention to detail. Call us today!

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

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.

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 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

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.

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 Newbern, TN homeowners’ guide to property appraisals

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

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