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TRUSTED BY BROOKFIELD, WI HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon37
    Verified property appraisals reviews

Find Property appraisers in Brookfield

Avatar for Cedar Creek Appraisal LLC
Cedar Creek Appraisal LLC
5.0(
3
)
Appraisal - Real Estate

Serving Brookfield, WI and surrounding areas

In business since 2004

Free estimates

"They did a detailed job of appraising my property and (at my request) pointing out items that could be fixed or corrected to help increase the property's value if they were acted on. The appraisals were only for my knowledge of the value and were not needed by any banks or for any other considerations other than the sale price. I had them do an appraisal of the "as-is" value as well as a second one for "after-repaired-value" so I could see if renovations were worth the cost vs benefit. Because of this approach, and the suggestions for improvement, I have a much more solid idea of what I want to do with the property in preparation for sale. Thank you for the help! :-)"
Response time7 hrs
Recommended by100%of homeowners
Brian Butcher Appraisals
5.0(
3
)
Appraisal - Real Estate

Serving Brookfield, WI and surrounding areas

In business since 1994

Free estimates

"Brian is great to work with. He provided an appraisal of a very outdated home that needed a major rehab. It was helpful to have the appraisal since we had no idea what the home was worth in its condition. His fee was very reasonable and the appraisal was close to what the home ultimately sold for. I highly recommend Brian Butcher!"
Response time1 day
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

The Brookfield, WI homeowners’ guide to property appraisals

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