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Avatar for Jarrison Kelsey
Jarrison Kelsey
New to Angi
Appraisal - General

Serving Spearman, TX and surrounding areas

Approved

Small jobs welcome

Offers commercial services

Reliable and convenient, our locally owned business provides mobile automotive mechanic services and junk removal all in one. We come to you for on-site vehicle repairs and maintenance, saving you time and hassle while also offering fast, efficient hauling for unwanted items like furniture, appliances, and debris. With honest pricing, quick response times, and a commitment to getting the job done right, we’re your go-to solution for both automotive needs and clean-up services in the area.

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Antiques and Jewelry Appraisals questions, answered by experts

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

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

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

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