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Avatar for Rocky Mountain Appraisal Group
Rocky Mountain Appraisal Group
5.0(
1
)
Appraisal - Real Estate

Serving Highland, UT and surrounding areas

Approved

In business since 2012

Free estimates

Small jobs welcome

We take great pride our experience, expertise, quality and customer service that we provide to meet your needs. It is our mission to provide excellent and reliable appraisal products and complete customer satisfaction. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer a professional manner. Our reputation is based on communication, service, and quality, regardless of how large or small the job. From vacant land, condos and single family homes to cabins, manufactured homes and multi family properties we have seen it all.

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Property Appraiser questions, answered by experts

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

The Highland, UT homeowners’ guide to property appraisals

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