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MCM Appraisals LLC
4.9(
8
)
Appraisal - Real Estate

Serving Riverdale, CA and surrounding areas

In business since 2008

Free estimates

"Mark was very quick to respond and was able to come to the property within days, not weeks, as other appraisers told me. The work was done within a week from first contact. Mark is very professional and friendly."
Response time9 hrs
Response rate96%
Recommended by100%of homeowners
MIdlands Appraisal of CA
5.0(
2
)
Appraisal - Real Estate

Serving Riverdale, CA and surrounding areas

In business since 2000

Free estimates

We offer over 20 years of industry experience and will provide you with an unmatched level of experience and commitment to your home. We've earned a solid reputation for a variety of residential and real estate appraisals. We pride ourselves on the quality of our work, as well as our commitment to outstanding results. We look forward to building long-term relationships with our clients, and guarantee your satisfaction! Give us a call today, and let's get started.

Response time2 days
Recommended by100%of homeowners
Roy Jacobs Appraisal
5.0(
1
)
Appraisal - Real Estate

Serving Riverdale, CA and surrounding areas

In business since 2003

Free estimates

Credit card accepted

At Roy Jacobs Appraisal, we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumers' needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. To understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job. Call us today!

Response time7 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The Riverdale, CA homeowners’ guide to property appraisals

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