"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
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!
Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.
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.
Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.
A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.
Typically during transactions or refinancing, or whenever significant improvements are made.
The Tremonton, UT homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.