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Avatar for Bowden Appraisal Group, Inc
Bowden Appraisal Group, Inc
4.4(
131
)
Appraisal - Real Estate

Serving Shepherd, TX and surrounding areas

Approved

In business since 1994

Free estimates

Credit card accepted

"Called and they were able to come out within the next couple of days. Needed them to perform a measurement appraisal in order to fight the incorrect square footage that the appraisal district had on my property. Using the report they supplied I was able to get the appraisal district to make the corrections and lower my district's value of my property in turn lowering my property taxes. Recommend to everyone to have them check the accuracy of the square footage the appraisal district is showing and use a service like Bowden's to get the information needed to get it corrected."
Recommended by91%of homeowners
Property Appraiser questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Shepherd, TX homeowners’ guide to property appraisals

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