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Michael Olsen
4.9(
26
)
Appraisal - Real Estate

Serving Cedar Valley, UT and surrounding areas

Approved

In business since 1992

Customers say: Quick response

"Michael was very prompt with getting in touch with me. Scheduled right away and was very thorough with his appraisal. He also took the time to explain a lot of different aspects that apply to a home appraisal which I wasn t aware of. Very professional! Thank you Michael."
Response time10 hrs
8 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Denbow Appraising
Denbow Appraising
4.0(
22
)
Appraisal - Real Estate

Serving Cedar Valley, UT and surrounding areas

Approved

In business since 1979

Free estimates

Credit card accepted

"Susanne Denbow contacted me within minutes of my searching for an appraiser on HomeAdviser. She was extremely friendly and quickly booked my appointment with Lyle Burton to do my appraisal. Once completed it only took 3 business days for them to bill me and send my appraisal, at a very good cost. What A Great Company !! Thanx Susanne & Lyle !! Gary Burke"
New Mission Two Story
Mansion
Park City Log Home
Riverton Rambler
Apt - 8 plex

+5

Response time1 day
Response rate94%
24 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

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.

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.

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

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The Cedar Valley, UT homeowners’ guide to property appraisals

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