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

Serving Petaluma, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

"I can highly recommend Bay Area Real Estate Appraisals! Eric did thoroughly professional work & is a kind gentleman indeed. Thank you for such efficient & great work!"
Response time1 day
Response rate94%
1 neighbors recently requested a quote
Avatar for Vallance Appraisals
Vallance Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Petaluma, CA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

"Nancy was very professional, accurate and fast! I had many appraisals done in my properties thru the years and she has been the best by far. I highly recommend her!"
Bolinas Bay
Bolinas Bay
Entry of Subject
Orizaba Ave
NANCY AND CARRIE WORKING

+1

Response time7 hrs
Response rate91%
Recommended by100%of homeowners
San Francisco Bay Area Appraisers
4.8(
5
)
Appraisal - Real Estate

Serving Petaluma, CA and surrounding areas

In business since 2008

Credit card accepted

Offers commercial services

"Pro: Quick same day service. Detailed and accurate appraisal report. Con: He should state ahead of time the fact the he wants payment before providing the appraisal report. I was expecting a report and an invoice, after agreeing to hire him over the phone, but it took lengthy conversation after the home visit to get him to produce the report. Ultimately all was well but this phone-arguing seemed unnecessary and unprofessional."
Response time2 hrs
Recommended by100%of homeowners
Showing 1-10 of 26
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.

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

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

The Petaluma, CA homeowners’ guide to property appraisals

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