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Legacy Builders, Inc.
New to Angi
Appraisal - General

Serving Hampton, VA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

Steeped in hands-on experience Legacy Builders found its roots in flipping houses back in 1995. With a passion for real estate and a natural knack for problem solving it was a perfect fit. The company began renovating one house at a time and has grown to finishing each year with more than 20 newly renovated homes and new construction projects.\nIn 2007 we began providing services for homeowners including major renovations and new construction. Legacy Builders has expanded into investment rental properties as well as wholesale acquisitions while remaining very much involved in the real estate market. The company continues to focus on helping others and producing quality construction at an affordable price.

Antiques and Jewelry Appraisals questions, answered by experts

Yes, experienced appraisers handle a variety of property types with tailored methods.

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.

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

The Hampton, VA homeowners’ guide to antique and jewelry appraisals

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