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TRUSTED BY MONROE, CT HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon40
    Verified property appraisals reviews

Find Property appraisers in Monroe

Avatar for Morales Real Estate Appraisal Services, LLC
Morales Real Estate Appraisal Services, LLC
4.9(
174
)

Serving Monroe, CT and surrounding areas

Approved

Super Service Award Winner

In business since 1987

Free estimates

Emergency services offered

"Elliott Morales did an excellent job with our property appraisal. He was very reliable, professional, and easy to work with throughout the entire process. What we appreciated most was how helpful he was—he took the time to explain the appraisal and even gave us useful pointers on how to handle our notice of assessment from the city. His guidance went above and beyond what we expected. We highly recommend Elliott to anyone looking for a knowledgeable and trustworthy appraiser."
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+31

Response time8 hrs
42 neighbors recently requested a quote
Recommended by82%of homeowners
Avatar for JLAppraisal, LLC
JLAppraisal, LLC
4.8(
19
)

Serving Monroe, CT and surrounding areas

Approved

In business since 2003

Free estimates

Customers say: Terrific value

"Response time was very quick and appraisal done in a week. Very nice person to work with and I would recommend her to a friend."
Response time6 hrs
14 neighbors recently requested a quote
Recommended by94%of homeowners
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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.

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

The Monroe, CT homeowners’ guide to property appraisals

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