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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
47
)
Appraisal - Real Estate

Serving Lyndon, VT and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1499 neighbors recently requested a quote
Avatar for Cube Home & Commercial Inspections & Appraisal Svs
Cube Home & Commercial Inspections & Appraisal Svs
5.0(
4
)
Appraisal - Real Estate

Serving Lyndon, VT and surrounding areas

In business since 2009

Free estimates

Emergency services offered

"For those of you already weary from reading the first part, I will give you a break. Mr. Lampro is One Spectacular Professional. For the rest of you, read on. For me, professionalism is having the expertise to do the right thing in the right way at the right time. I understand
that people need to make a living but if you are ?professionally reputable? you not only demonstrate that you possess a qualified skill-set and knowledge base, you exhibit an enthusiasm for doing the best job possible. You are not only polite but you feel a responsibility to ?partner? with your client in a complete and thorough discussion of your work. Everyone purchasing real estate has heard somewhere the phrase ?caveat emptor.? To that I would add,? You don?t always get what you pay for, but you rarely get more.? Mr. Lampro is one of those professionals who give you everything they?ve got, and in my estimation, something more. He fully met and exceeded my expectations. Not only did I get an extremely thorough report, I got an education and the peace of mind I needed to decide that at this age I know my limitations. I decided that I couldn?t even make an offer on the property. 

"
Vermont
Certified Licensed Inspectors
Certified Licensed Inspectors
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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. 

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.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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.

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.

The Lyndon, VT homeowners’ guide to property appraisals

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