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Avatar for Cube Home & Commercial Inspections & Appraisal Svs
Cube Home & Commercial Inspections & Appraisal Svs
5.0(
4
)
Appraisal - Real Estate

Serving Underhill, 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 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.

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.

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.

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.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Underhill, VT homeowners’ guide to property appraisals

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