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

Serving Sonoma, 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 time3 hrs
1 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Vallance Appraisals
Vallance Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Sonoma, 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 Sonoma, 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 time1 hour
Recommended by100%of homeowners
Showing 1-10 of 26
Property Appraiser questions, answered by experts

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.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

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.

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

The Sonoma, CA homeowners’ guide to property appraisals

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