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Spencer B. Humphrey and Associates
4.1(
5
)
Appraisal - Real Estate

Serving Cloverdale, CA and surrounding areas

Approved

In business since 1984

Free estimates

"I highly recommend Mr. Humphrey. He saved us on what we thought would be a complicated, drawn out and expensive appraisal. He was smart, thorough, experienced, and knowledgeable. Spencer was accessible and responsive and provided our report as promised within our short timeframe."
Response time1 day
Response rate89%
Recommended by75%of homeowners
Avatar for America's Best Inc
America's Best Inc
4.1(
2,198
)
Appraisal - Real Estate

Serving Cloverdale, CA and surrounding areas

In business since 1982

Free estimates

Credit card accepted

"

My husband and I used this company on two separate occasions and were extremely happy with the results both times. He pressure washed our home both times, and the second time he also did our drive-way and 3-tier back deck. He spent a considerable amount of time on both of these projects, and the back deck looked transformed (we were getting ready to sell our home and our real estate agent was impressed).


"
10,000 square foot home
We love Los Angeles
skylight cleaning
Recommended by77%of homeowners
Showing 1-10 of 15
Property Appraiser questions, answered by experts

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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 Cloverdale, CA homeowners’ guide to property appraisals

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