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TRUSTED BY LAKE FOREST, CA HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon59
    Verified property appraisals reviews

Find Property appraisers in Lake Forest

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

Serving Lake Forest, 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."
Additional Photos
Additional Photos
Additional Photos
Additional Photos
Additional Photos

+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 Lake Forest, 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 NorthStar Appraisal Services
NorthStar Appraisal Services
4.7(
92
)
Appraisal - Real Estate

Serving Lake Forest, CA and surrounding areas

Approved

In business since 2003

Free estimates

Customers say: Quality work

"Excellent Home Appraisal Experience! Review: I recently had the pleasure of working with a fantastic home appraisal service for a home in Diamond Bar, CA. From start to finish, the team was professional, thorough, and provided exceptional service. Being on another coast, choosing an Appraiser was daunting. The final appraisal report was comprehensive and well-documented, providing me with a clear understanding of my home's value. Not only did the appraisal process go smoothly, but the team also demonstrated excellent communication skills. I highly recommend this home appraisal service for anyone in need of a reliable and professional assessment of their property. Their expertise and attention to detail truly set them apart. Thank you to the entire appraisal team for their outstanding service. Kind regards, Brody D"
 Front/street view
 Views, location, custom homes, upgrades
 Some of the views
 Back of home
 Master BR of one of the homes

+14

Response time2 hrs
4 neighbors recently requested a quote
Recommended by98%of homeowners
Avatar for Appraising LA
Appraising LA
4.7(
14
)
Appraisal - Real Estate

Serving Lake Forest, 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
5 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Paul Marchi Appraisal - PM Realty Advisors
Paul Marchi Appraisal - PM Realty Advisors
4.9(
6
)
Appraisal - Real Estate

Serving Lake Forest, CA and surrounding areas

Approved

In business since 1986

Free estimates

Credit card accepted

"I am a real estate agent. I have known Paul Marchi for over 20 years. He is highly skilled in commercial and residential real estate appraisals. I highly recommend this company."
Laguna View Condo
Stacked Flat Condos
Modern Condos
Coastal Condos
Townhomes

+11

Response time1 day
Response rate98%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

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 cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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 Lake Forest, CA homeowners’ guide to property appraisals

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