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TRUSTED BY WATTS, CA HOMEOWNERS

  • Average homeowner rating star icon4.9
    Average homeowner rating
  • Verified reviews icon10
    Verified property appraisals reviews

Find Property appraisers in Watts

Avatar for Penny Smith Realtor/Appraiser
Penny Smith Realtor/Appraiser
5.0(
180
)

Serving Watts, 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
)

Serving Watts, 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."
9 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Carlton Haugh Appraisal Services
Carlton Haugh Appraisal Services
5.0(
55
)

Serving Watts, CA and surrounding areas

Approved

In business since 1994

Free estimates

Offers commercial services

"Professional, courteous, and knowledgeable about appraisals. Was available within a few days of our first contact and arrived on time to the properties. One of the rental properties' tenants was abrasive and obnoxious but Carlton maintained his composure."
Response time5 hrs
Response rate95%
22 neighbors recently requested a quote
Avatar for Appraising LA
Appraising LA
4.7(
14
)

Serving Watts, 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
4 neighbors recently requested a quote
Recommended by100%of homeowners
The Appraisal School
5.0(
1
)

Serving Watts, CA and surrounding areas

Approved

In business since 1994

Free estimates

Credit card accepted

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
1 neighbors recently requested a quote
Avatar for Gabrielle Mellott
Gabrielle Mellott
5.0(
16
)

Serving Watts, CA and surrounding areas

In business since 2000

Free estimates

Emergency services offered

"Her 25+ years experience as a property appraiser was a parent. Excellent communication skills, answered all my questions, and still has enthusiasm for the work that she does."
Response time50 mins
Response rate97%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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

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.

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.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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. 

The Watts, CA homeowners’ guide to property appraisals

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