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Legacy Builders, Inc.
New to Angi
Appraisal - General

Serving Toano, 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

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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). 

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Toano, 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.