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TRUSTED BY CONCORD, CA HOMEOWNERS

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

Find Property appraisers in Concord

Avatar for Bay Area Real Estate Appraisals
Bay Area Real Estate Appraisals
4.9(
23
)

Serving Concord, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

"The Appraiser was Professional, Courteous and Informative. His work ethic was Superior. I felt that I could trust this Appraiser and was delighted that he went the extra mile for the service. I am very happy with this service and would hire Eric Williams (Appraiser)/Bay Area Real Estate Appraisals again."
Response time1 day
Response rate94%
Recommended by100%of homeowners
Elmer Gamoning
5.0(
11
)

Serving Concord, CA and surrounding areas

Approved

In business since 2020

Free estimates

Customers say: Quick response

"Elmer was very professional on my land appraisal. He made two trips to the planning department in order to determine the highest and best use of my land based on San Jose's zoning and building requirements. Elmer was very easy to contact by phone. He always answered his phone or readily called me back. I would gladly use him to do any future appraisals."
Response time4 hrs
Response rate92%
15 neighbors recently requested a quote
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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.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The Concord, CA homeowners’ guide to property appraisals

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