"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."
"I had Mr. James Beggs appraised one of my properties first and see how he does. I needed the step up in basis appraisal done right away so i would have the report before taxes were to be due in April. Mr. Beggs was able to do the appraisal right away, he arrived on time for our appointment to meet with him, explained my options on the appraisals and had the appraisal report within a few days. I was happy that he was able to do it right away and I was satisfied of his work so i requested him to do my other two properties as well. I requested for him to send me an online and a hard copy report of the appraisals and he did. Im a happy and a thankful client. Thanks Mr. Beggs and thank you too Home Advisor! This is my second time i used this site."
"Jeanine was prompt, pleasant, and professional. She measured and photographed all aspects of the property. Appraisal report was prompt as promised. Would recommend this service."
"I am very pleased with Fisher Appraisals. The whole process was managed very professionally.The communication was excellent. The scheduled appointment and report were on time. Chuck explained the process and answered all my questions. Calls, text and emails were returned promptly. Chuck was knowledgeable, pleasant and very easy to work with."
"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."
"I was selling a multi family property off market and reached out to Danny Alvarez at DA appraisals. He was professional, reliable, and did an excellent job. Would absolutely recommend and hire again."
"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."
"I obtained the service from Home Advisor. Lori was the only one out of 3 companies that followed through. Very prompt, professional and courteous. Remained in contact throughout the process even answering questions for me regarding permits, inspections."
"Kevin appraised two houses for us recently. He is very professional and customer oriented. We changed the schedule several times, he tried his best to accommodate us. He was also responsive and efficient. We will be happy to hire him again in the future."
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.
While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.
The cost to appraise a home depends on the type. Common types include:
Single-family homes: $300–$400
FHA or VA single-family homes: $400–$500
Condominium: $300–$500
Multi-family home: $500–$1,000
Apartment building: $1,500–$3,000
Commercial properties: $1,400–$10,000
Raw land: $1,000–$8,000
They provide objective, third-party valuation, guiding fair sales or purchase prices.
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.
The Dana Point, CA homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.