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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Springfield, 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
3.8(
14
)

Serving Springfield, TN and surrounding areas

In business since 2003

Fisher 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. Furthermore, all of our assignments comply with the Uniform Standards of Professional Appraisal Practice. We appraise all types of residential & small commercial properties, including but not limited to -- single family, acreages, condominiums, 2-4 family investment properties, vacant lots, and high-end lakefront dwellings. With 15 years of appraisal experience, we primarily serve Middle Tennessee; however, any county in Tennessee is not beyond our reach. Fisher Appraisals has built its business on integrity, honesty, and accuracy! I can't do appraisals for loan transactions!

Response time1 day
Recommended by75%of homeowners
Avatar for Music City Home Inspection
Music City Home Inspection
5.0(
3
)

Serving Springfield, TN and surrounding areas

In business since 2015

Free estimates

Credit card accepted

Music City Home Inspection gives you a specified time to hire your own home inspector to check the property out, and protects you from buying a home with serious, previously unknown problems. Your offer should be contingent on the results so that if there are major issues you can walk away from the transaction. If the home inspector only finds minor problems, you also have the option to require the seller to fix them or drop the price.

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

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

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.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

The Springfield, TN homeowners’ guide to property appraisals

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