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Avatar for American Remodel And Repair
American Remodel And Repair
4.7(
26
)
Appraisal - General

Serving Shallowater, TX and surrounding areas

In business since 2008

Free estimates

Credit card accepted

"Mr. Pena has been far more responsive that I've experienced with other contractors in Lubbock. His person installed the deck boards and there were a few that were less than ideal. I pointed them out and he agreed and fixed them within 24 hours. He is very responsive, always has ideas to improve the project and as a result it feels more like a partnership that a contractor relationship.As a result of his quality we've moved from a small job to over $15K of work."
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Recommended by96%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

The condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

The Shallowater, TX homeowners’ guide to antique and jewelry appraisals

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