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TRUSTED BY NIANTIC, CT HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon23
    Verified property appraisals reviews

Find Property appraisers in Niantic

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
75
)
Appraisal - Real Estate

Serving Niantic, CT and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
953 neighbors recently requested a quote
Alpha & Omega Enterprises
4.8(
53
)
Appraisal - Real Estate

Serving Niantic, CT and surrounding areas

Approved

In business since 1986

Customers say: True professional

"I blindly called Nico based on the reviews. I talked with him to get a quote before getting other quotes. However, while speaking with him, I hired him on the spot to do an appraisal in Old Lyme. He did not disappoint. He is personable, and more importantly, very knowledgeable about the sales in our area. He is reasonably priced and provided a comprehensive appraisal. The best thing though is after receiving the appraisal, I had a few "what if" questions. He then spend some time with me to answer my questions while looking at other comps in the area. I highly recommend him."
Nicolaas van Yperen
Response time4 hrs
9 neighbors recently requested a quote
Recommended by92%of homeowners
Avatar for Mostad & Company, LLC
Mostad & Company, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Niantic, CT and surrounding areas

In business since 2006

Free estimates

Credit card accepted

I pride myself on reliability, great communication, integrity, and quality work. I am an expert in Real Estate Appraisals in Connecticut and do my best to inform my clients on the process and keep them informed.\nI believe in asking a lot of questions regarding the property at hand.\nI am available 24/7 for emergencies. I look forward to working with you.

Pierrepont Lake
Response time4 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

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

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 Niantic, CT homeowners’ guide to property appraisals

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