How much do appraisals cost by home type?

• <div><p>The cost to appraise a home depends on the type. Common types include:</p><ul><li><p>Single-family homes: $300–$400</p></li><li><p>FHA or VA single-family homes: $400–$500</p></li><li><p>Condominium: $300–$500</p></li><li><p>Multi-family home: $500–$1,000</p></li><li><p>Apartment building: $1,500–$3,000</p></li><li><p>Commercial properties: $1,400–$10,000</p></li><li><p>Raw land: $1,000–$8,000</p></li></ul><p></p></div>

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Q: Does wainscoting add value to a home?

• <div><p>Wainscoting isn&rsquo;t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don&rsquo;t. If you are on the fence about paneling, just know that it certainly wouldn&rsquo;t result in depreciation of your home&rsquo;s value&mdash;usually the opposite. </p></div>

Q: How much can I borrow for a home addition?

• <div><p>While there&rsquo;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.</p></div>

Q: Is a conventional loan the same as an FHA loan?

• <div><p>Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.</p></div>

Q: Is hiring a real estate agent worth it?

• <div><p>Yes, hiring a real estate agent is worth it. Many homeowners make the mistake of trying to sell their homes by themselves, thinking that they&rsquo;ll save money on the commission, but what they save on the commission, they very often pay for in frustration and concessions on the sale price. Hiring a real estate agent to handle the sale of your home not only makes the process far easier and takes the burden off of you, but most homeowners get more for their homes when going through an agent because of the marketing and salesmanship they bring to the table.</p></div>

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Last update on November 01, 2025

Reviewed in September 2025
He did a thorough and flawless job. Could not be happier. I own multiple properties and for this property got three appraisals and his was the most insightful by far.
Fleener Services
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Reviewed in May 2024
Fantastic service from a locally owned and operated Veteran-owned company. The knowledge that Anthony, Richard and Albert possess is extensive. We have been with T3 Mechanical since they opened their doors and I am honored to say weâ ve NEVER been let down. These guys have the best techs-...
T 3 Mechanical, LLC
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Reviewed in December 2020
Professional and friendly service at reasonable prices. Tommy does it all! He also graded my property with his tractor
Tommy Guns And Sons
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Reviewed in November 2020
We had a patio installed at our rental property late summer in Fredericksburg and they were very accommodating and helpful throughout the whole process. We were not in state and they made everything extremely easy and smooth throughout the whole process. Excellent communication! Highly recommend...
American Custom Concrete INC.
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Reviewed in April 2018
Terry was astounding at assisting me with this purchase. I had some specific wants from my new home, and she carefully steered me towards homes that met my criteria. Occasionally she probed to see what my limits were, and then she respectfully revised her searches for me. After a couple months...
Terry Diane Kinney, REALTOR
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Reviewed in April 2015
I had Mike do a lot of work, clearing out all my drains, pumping out my septic tank, and putting in a new leech field. It made for a big project, but Mike and his guys did a great job, My property has a lot of landscaping, and despite a substantial amount of digging with heavy equipment to put...
Mike The Plumber
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Reviewed in December 2013
A wonderful experience, I knew from the first time I spoke to Bruce on the phone, that this was going to be a good experience. Most window people in New Orleans won't even talk to you unless you need 5 windows. Bruce talked to me on the phone about my job, came out within a few days and...
Shutter Up
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Reviewed in March 2013
The plumber got there on time, which was a large issue, since the water was due to be shut off sometime that day. He introduced himself and asked me what the problem seemed to be. I told him that in two bathrooms we could not get any water to come out of the sinks and that there was an issue...
Ziemer Plumbing Inc
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Reviewed in March 2011
I bought this house in June. It is my first. The previous owners put in a sprinkler system right before closing, but then failed to provide me with any outline, manual, directions, etc. I had no idea about winterization. So, after this particularly wicked recent winter, it is no surprise...
ADVANCED IRRIGATION
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Reviewed in September 2008
Jim returned my phone call promptly. He was able to work around my busy schedule. The appraisal report looked great and was back within a week.
STERLING REAL ESTATE SERVICES INC
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