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Avatar for Penny Smith Realtor/Appraiser
Penny Smith Realtor/Appraiser
5.0(
180
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

Approved

In business since 1978

Customers say: True professional

"This was an appraisal of a older condominium unit in a gated Southern California beach community for a trust administration. Unusual in that Penny did not have access to interior of the unit she had to appraise. She was very thorough in her research of the complex, and inspected a similar unit that was on the market, in addition to reviewing prior sales records and condition of the unit she appraised. Her comps were very good and it was clear that she'd done her due diligence to discern the appropriate sales, given the three different areas of buildout in the complex. She made a balanced and fair valuation of the property which was important for me to have as the Trustee, and reported on her considerations in good detail."
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+23

Response time7 hrs
Response rate100%
2 neighbors recently requested a quote
Avatar for James Beggs
James Beggs
4.9(
28
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

Approved

In business since 2003

Free estimates

Small jobs welcome

"Angi is like a crazy one night stand that won't go away once she gets your number but the appraiser was very professional, knowledgeable, efficient and responsive."
2 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Randy M. Sonns, Certified Residential Appraiser
Randy M. Sonns, Certified Residential Appraiser
4.7(
180
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

Approved

In business since 1992

Free estimates

Customers say: Quick response

"Randy was very helpful in appraising our property for us, and was prompt in writing the report. He is very knowledgeable, and his fees were reasonable. Thanks Randy!"
Response time8 hrs
4 neighbors recently requested a quote
Recommended by98%of homeowners
Avatar for Carlton Haugh Appraisal Services
Carlton Haugh Appraisal Services
5.0(
55
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

Approved

In business since 1994

Free estimates

Offers commercial services

"Professional, courteous, and knowledgeable about appraisals. Was available within a few days of our first contact and arrived on time to the properties. One of the rental properties' tenants was abrasive and obnoxious but Carlton maintained his composure."
Response time5 hrs
Response rate96%
16 neighbors recently requested a quote
Avatar for Appraising LA
Appraising LA
4.7(
14
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

Approved

In business since 2005

Free estimates

Emergency services offered

"It went very well. Got three referrals and decided on one. Richard Pease came out at a convenient time for us and was able to give us a detailed appraisal the following day. He was professional, polite, pleasant, and informative."
Response time1 day
6 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Coastal Real Estate Solutions
Coastal Real Estate Solutions
4.9(
8
)
Appraisal - Real Estate

Serving Cudahy, CA and surrounding areas

In business since 1995

Free estimates

Emergency services offered

"I needed a home appraisal so I contacted Coastal Real Estate Solutions and Spoke to Mark Watcher. I scheduled the appraisal for a Saturday and by the following Thursday the report was completed. Mark was very efficient and I would highly recommend Coastal Real Estate Solutions to anybody who needs a home appraisal."
Response time4 hrs
Response rate97%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

Yes, experienced appraisers handle a variety of property types with tailored methods.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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 Cudahy, CA homeowners’ guide to property appraisals

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