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AD Brown Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Luray, VA and surrounding areas

In business since 1995

Free estimates

Offers commercial services

Alan is the leader in providing our customers with the highest quality service in an honest, efficient, and professional way. Our pledge is to create successful relationships with our customers, employees and community by building trust, treating every project with the utmost integrity and exceeding expectations. We look forward to working with you!\n

Recommended by88%of homeowners
Avatar for AD Brown Appraisals
AD Brown Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Luray, VA and surrounding areas

In business since 1995

Free estimates

Offers commercial services

Alan is the leader in providing our customers with the highest quality service in an honest, efficient, and professional way. Our pledge is to create successful relationships with our customers, employees and community by building trust, treating every project with the utmost integrity and exceeding expectations. We look forward to working with you!\n

Recommended by88%of homeowners
Avatar for Valueit
Valueit
5.0(
5
)
Appraisal - Real Estate

Serving Luray, VA and surrounding areas

In business since 2001

Free estimates

Credit card accepted

"Brenda is a wealth of knowledge regarding appraisals and I highly recommend her. Appraisals are complicated and she is great at explaining how she came to her value and why certain comps are used over others."
Response time7 hrs
Recommended by80%of homeowners
AD Brown Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Luray, VA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

"Alan Brown demonstrated exceptional professionalism, thoroughness, and attention to detail throughout the appraisal process. His clear communication, fairness, and deep market knowledge made the experience smooth and stress-free. He delivered a well-researched, accurate report in a timely manner, and went above and beyond to ensure every question was answered. I would highly recommend Alan to anyone in need of a trustworthy, knowledgeable, and dependable appraiser."
Response time5 hrs
Priority Appraisals
New to Angi
Appraisal - Real Estate

Serving Luray, VA and surrounding areas

In business since 2023

Free estimates

We're a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. Our services are customized to the individual project, paying close attention to the details of each project that we're involved with. We pride ourselves on the quality of our work as well as our commitment to outstanding results. We look forward to building lasting relationships and guaranteeing your satisfaction!

Response time4 hrs
Showing 1-10 of 12
Property Appraiser questions, answered by experts

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.

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. 

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The Luray, VA homeowners’ guide to property appraisals

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