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Avatar for Rinker Design Associates, P.C.

Rinker Design Associates, P.C.

11100 Endeavor Court, Suite 200
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Rinker Design Associates, P.C.

11100 Endeavor Court, Suite 200
No reviews yet
43 years of experience

Transportation/Utility Design, Traffic, Land Development and Planning, Surveying, Right-of-way Acquisition, Environmental, Construction Engineering and Inspection, Structural, Litigation Support

Transportation/Utility Design, Traffic, Land Development and Planning, Surveying, Right-of-way Acquisition, Environmental, Construction Engineering and Inspection, Structural, Litigation Support

Property Appraiser questions, answered by experts

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.

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.

Property condition, comparables, market trends, and location influence appraisal.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Keyser, WV homeowners’ guide to property appraisals

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

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