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TRUSTED BY PAYSON, UT HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon30
    Verified real estate services reviews

Find Real estate agents in Payson

Avatar for Above It All Appraisal
Above It All Appraisal
5.0(
9
)
Appraisal - Real Estate

Serving Payson, UT and surrounding areas

Approved

In business since 1998

Free estimates

Credit card accepted

"Keven is awesome!!! He is a great communicator, he knows his stuff, and his turn around time blew me awayâ I had a full appraisal the same day. Thank you for being an amazing human, an amazing appraiser, and for all of your kindness. Highly recommend."
Response time1 hour
Response rate94%
Recommended by100%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
69
)
Appraisal - Real Estate

Serving Payson, UT and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Did what was requested in a timely manner. No hassles which is exactly what a person needs when dealing with the loss of a spouse. This was specific for an estate appraisal. Not an appraisal to buy real estate. This is for estate tax purposes which is different. Thank you."
Restaurant
Response time5 hrs
Response rate89%
1286 neighbors recently requested a quote
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Real Estate Agents questions, answered by experts

No, the appraisal value comes from an appraiser and is a professional opinion of value based on property location and condition, while the market value is determined solely by what buyers are willing to pay for your home. Lenders normally use appraised values to ensure they’re staying within target loan-to-value (LTV) ratios—the market value is simply what the home sells for. Appraised value can sit above or below market value.

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

Pricing a fire-damaged house is tricky, and it’s best to involve some professionals. First, get a comprehensive repair estimate from a fire damage restoration expert. Next, have a real estate agent get you an as-repaired value for the home, which represents what the house would be worth if fully repaired. Subtract the repair estimate from the as-repaired value to get the as-is value.

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.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

The Payson, UT homeowners’ guide to real estate services

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