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Avatar for OmniKey Realty
OmniKey Realty
3.7(
16
)
Appraisal - Real Estate

Serving Tyler, TX and surrounding areas

In business since 2006

Free estimates

Emergency services offered

"OmniKey Realty manages 2 of my properties and they do an amazing job. They have really done well communicating through there portal, which is very convenient. They hold the tenants accountable to their lease."
BBB
NARPM
Realtor/MLS
Recommended by76%of homeowners
Eastcreek Appraisal Company LLC
New to Angi
Appraisal - Real Estate

Serving Tyler, TX and surrounding areas

In business since 2022

Free estimates

Credit card accepted

Eastcreek Appraisal Company LLC is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business

Response time5 hrs
Rooftop Cowboy, LLC
New to Angi
Appraisal - Real Estate

Serving Tyler, TX and surrounding areas

Free estimates

Credit card accepted

Clear Sight Inspection Services, PLLC is a family owned and operated FULL TIME home inspection company. We are based in Tyler, Texas and are proud to say natives to this area for over 38 years. My name is David Burleson owner/inspector and my background before home inspections was in Insurance and Construction. I have built numerous homes from the ground up and renovated dozens including whole house renovations. My wife Kami is the office manager and graduated from UT with a degree in Human Resource Development. Together we make up Clear Sight Inspection Services, PLLC. Let us put your mind at ease.

David
David
David & Kami
Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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. 

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The Tyler, TX homeowners’ guide to property appraisals

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