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Antiques and Jewelry Appraisals questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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. 

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

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

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

The American Fork, UT homeowners’ guide to antique and jewelry appraisals

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