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

Serving Rosemead, 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."
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+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 Rosemead, 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."
3 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Carlton Haugh Appraisal Services
Carlton Haugh Appraisal Services
5.0(
55
)
Appraisal - Real Estate

Serving Rosemead, CA and surrounding areas

Approved

In business since 1994

Free estimates

Offers commercial services

"I needed an appraisal completed within a very short amount of time and Carlton delivered. He completed my home appraisal within a day. I really appreciate his professional and pleasant demeanor and his timely response to my request."
Response time5 hrs
Response rate96%
18 neighbors recently requested a quote
The Appraisal School
5.0(
1
)
Appraisal - Real Estate

Serving Rosemead, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

We are a locally owned and operated company that values honesty and integrity in all aspects of our business. Our major focus is on the quality of our work and producing outstanding results. We are committed to creating a level of value unmatched by any of our competitors. We look forward to building lasting relationships with our clients and guarantee your satisfaction!\n

Response time4 hrs
Response rate96%
1 neighbors recently requested a quote
JW Gordon
New to Angi
Appraisal - Real Estate

Serving Rosemead, CA and surrounding areas

Approved

In business since 1989

Free estimates

Offers commercial services

is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Response time2 days
Avatar for Bridge Appraisal
Bridge Appraisal
5.0(
5
)
Appraisal - Real Estate

Serving Rosemead, CA and surrounding areas

In business since 2002

Free estimates

Credit card accepted

Pat Sullivan Appraisal is a family-owned real estate appraisal practice servicing Ventura, Santa Barbara, and Los Angeles counties. Pat has over twenty years of experience appraising real estate, offering services that specialize in complex and high-end properties, while offering friendly services to all real property types and subtypes. Reliability, communication, and high-quality reports are the cornerstone of our practice. Pat is always directly accessible to clients for consultation. You can reach Pat directly at 805 815 5052.

Complex High-end
Luxury Estates
Local Expertise
Patrick Sullivan Headshot
Response time5 hrs
Response rate96%
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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.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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.

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.

The Rosemead, CA homeowners’ guide to property appraisals

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