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Avatar for Showcase Regional Housing LLC
Showcase Regional Housing LLC
5.0(
3
)
Appraisal - Real Estate

Serving Mount Pleasant, UT and surrounding areas

In business since 2009

Free estimates

Credit card accepted

"The process started out strenuous but ended up being a breeze once I hired Showcase Regional Housing to do the all the tedious work."
Recommended by100%of homeowners
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Home Base Appraisal Management, LC
New to Angi
Appraisal - Real Estate

Serving Mount Pleasant, UT and surrounding areas

In business since 2013

Free estimates

Credit card accepted

Home Base Appraisal Management was founded in May 2009. We started our company with high hopes in the front room of the owner's home. We took everything one step at a time and have achieved more than we ever thought we would. After 6 years in business we have grown out of the basement and have become one of Inc 5000's fastest growing companies in America. Home Base has a reputation of outstanding communications, and customer service. We have one of the nations largest networks of appraisers, and provide appraisal services in the majority of the United States. Please call us today to book your appointment!

Response time5 days
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Property Appraiser questions, answered by experts

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

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. 

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The Mount Pleasant, UT homeowners’ guide to property appraisals

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

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