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Rapid Resurrection Realty

3.00(
1
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Rapid Resurrection Realty

3.00(
1
)
13 years of experience

We are in the business of building and restoring, or "Resurrecting" homes and businesses! With over 35 years of combined new building/remodeling experience, the owners can make your house a home, or make your place of business feel more welcoming. We would appreciate an opportunity to work with you and count you among our business friends and family!

We are in the business of building and restoring, or "Resurrecting" homes and businesses! With over 35 years of combined new building/remodeling experience, the owners can make your house a home, or make your place of business feel more welcoming. We would appreciate an opportunity to work with you and count you among our business friends and family!


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. 

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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 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.

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 Amherst, TX homeowners’ guide to property appraisals

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