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TRUSTED BY NORFOLK, VA HOMEOWNERS

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  • Verified reviews icon22
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Ronald Gambardella
5.0(
1
)
Appraisal - Real Estate

Serving Norfolk, VA and surrounding areas

Approved

In business since 1990

Free estimates

Customers say: Quick response

Ronald Gambardella is a real estate valuation firm performing appraisals for lenders, real estate agents, lawyers, accountants and private parties. We pride ourselves on our high quality, diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Response time9 hrs
1 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for BK Appraisal Services
BK Appraisal Services
4.7(
38
)
Appraisal - Real Estate

Serving Norfolk, VA and surrounding areas

In business since 2006

Free estimates

Credit card accepted

"We hired BK for a home appraisal. They were prompt and had the paperwork to us quickly. Thier appraisal was identical to what the mortage company's appraiser did a month later."
Response time10 hrs
Recommended by94%of homeowners
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Property Appraiser questions, answered by experts

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

The Norfolk, VA homeowners’ guide to property appraisals

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