1 – Can you do a retroactive appraisal?
Yes many times another professional ie:(lawyer mediator, or accountant) will request value of a property on a retroactive date: (date of death, separation date) we can provide that service when the retroactive date is confirmed at the beginning of the assignment.
2 – Does a real estate appraisal include a home inspection report or engineers report?
No when an appraisal is done the general condition H.V.A.C., plumbing and electricity is noted but when purchasing a home a home inspection is recommended which will do a more in depth analysis of the mechanical systems and any potential problems that need to be addressed.
3 – If my appraisal comes out higher than the tax value on my home with a raise my taxes?
No typically County appraisals are done every 4 to 7 years for tax purposes. The appraisal is done for you the client and not shared with local tax authorities.
4 – What improvements at the most value to my home?
This is basically a consultant assignment which focuses on cost versus value. The location of the subject property and the market activity of the neighborhood will help you come to a decision on a major renovation or selling your home and looking for a new home.