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  • Verified reviews icon37
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Find Property appraisers in West Springfield

Avatar for 360 Appraisals
360 Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving West Springfield, VA and surrounding areas

Approved

In business since 2015

Free estimates

Customers say: Quick response

With over 4 years experience in the Appraiser industry, 360 Appraisals, is your industry expert in Ashburn. We pride ourselves on our extreme professionalism and attention to detail. Our customer satisfaction guarantee will assure you we will not leave your property until you are completely satisfied with our work. As a family owned and operated business you can trust that we will treat your home as we would treat our own. Give us a call today we look forward to working with you!

Response time7 hrs
Response rate92%
Recommended by100%of homeowners
Avatar for Alpha Appraisers, LLC
Alpha Appraisers, LLC
4.8(
61
)
Appraisal - Real Estate

Serving West Springfield, VA and surrounding areas

In business since 2018

Free estimates

"Mr. Taci is the utmost professional. He was attentive to my needs and on my required schedule. He is a well-respected professional, demonstrated his expertise with the Uniform Standards of Professional Appraisal Practice, and provided a fair and accurate appraisal of my property. I highly recommend his services without reservation."
Victorian House
Exterior
Exterior
Interior
Response time4 hrs
Recommended by96%of homeowners
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Property Appraiser questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The West Springfield, VA homeowners’ guide to property appraisals

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