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Connect Realty

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Connect Realty

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2 years of experience

HOME OWNERS Looking For A Trusted Realtor? Are you looking to Sell your home, Buy a home, or Invest I'm here to help you on your journey. I Service the Houston Texas, Beaumont Tx, Orange Tx, Bridge City Tx, Nederland, Groves Tx & Surrounding Areas Give Me A Call To Set Up An Appointment! 832.923.7961

HOME OWNERS Looking For A Trusted Realtor? Are you looking to Sell your home, Buy a home, or Invest I'm here to help you on your journey. I Service the Houston Texas, Beaumont Tx, Orange Tx, Bridge City Tx, Nederland, Groves Tx & Surrounding Areas Give Me A Call To Set Up An Appointment! 832.923.7961



Property Appraiser questions, answered by experts

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

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.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

The Orange, TX homeowners’ guide to property appraisals

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