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Avatar for 1st Appraisal Choice, Inc.
1st Appraisal Choice, Inc.
4.8(
79
)
Appraisal - Real Estate

Serving Bonham, TX and surrounding areas

Approved

Super Service Award Winner

In business since 1997

Free estimates

Small jobs welcome

"Michael was awesome! This is the first time in my life I have ever had to have an appraisal done on property and I am so very pleased that I gave him a call. He arrived on time. He listened to me as I explained what my needs were. He took the time to explain certain aspects of the appraisal which I greatly appreciated. He was very kind, courteous, professional, and knowledgeable. I highly recommend him."
estimate of living area
Response time1 day
196 neighbors recently requested a quote
Recommended by86%of homeowners
Avatar for Dorman Appraisal Group
Dorman Appraisal Group
5.0(
5
)
Appraisal - Real Estate

Serving Bonham, TX and surrounding areas

Approved

Small jobs welcome

"All went smooth did as we asked and very happy with how quick he completed the work. We are glad we decided to get an appraisal before selling. It helped make sure we where getting the most for our home."
56 neighbors recently requested a quote
Avatar for The Matt Hilton Group- Step Up Realty
The Matt Hilton Group- Step Up Realty
5.0(
12
)
Appraisal - Real Estate

Serving Bonham, TX and surrounding areas

In business since 2006

"My wife and I recently sold our home with Hilton Realty Advisors and are now finishing the buying process.  Matt is a pleasure to work with. He is always upbeat, and ready for a challenge. He is very responsive to phone calls and emails regardless of time or day. Matt is prepared to answer the tough questions and give you honest answers. He is your advocate from the beginning to the end of the process. Matt has superior knowledge and is well respected among his peers. Matt demonstrates a love for his profession, his clients, and for his community. His firm?s dedication to serving the community was one of the things that made us choose Matt. We would have no hesitation in recommending Matt to family or friends for any real estate needs large or small. We both will consider Matt a friend long after this process is over.

-Aaron, McKinney TX"
Matt's New Headshot
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Bonham, TX 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
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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. 

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.

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.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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 Bonham, TX homeowners’ guide to property appraisals

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