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Avatar for RJG Appraisal
RJG Appraisal
5.0(
9
)

Serving West Suffield, CT and surrounding areas

Approved

In business since 1983

Free estimates

Customers say: True professional

"I have hired Bob through my law firm to perform real estate appraisals for divorce and probate clients for approximately 20 years. His work is always professional, reasonable and timely. I have always had positive feedback from the property owners. Highest recommendation."
Response time9 hrs
26 neighbors recently requested a quote
Recommended by75%of homeowners
Avatar for Rapid Appraisal
Rapid Appraisal
4.1(
8
)

Serving West Suffield, CT and surrounding areas

In business since 1976

"He is one of the more reasonable appraisers we have been able to work with providing well thought-out documentations - the best I have seen! His appraisals are about 60-70 pages long, proving that his quality is indeed intact. Incredibly trustworthy, and backs up his work!"
Fast Food
Industrial
Fast Food
Mixed Use
Mixed Use

+21

Response time2 hrs
Recommended by85%of homeowners
Avatar for Mostad & Company, LLC
Mostad & Company, LLC
5.0(
3
)

Serving West Suffield, 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
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving West Suffield, CT and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
John Shanley Appraisals
4.0(
1
)

Serving West Suffield, CT and surrounding areas

In business since 1992

Free estimates

I am with John Shanley Appraisals a/k/a ARC Appraisal Associates and have been doing residential appraisal work since 1984. I am state certified and FHA-approved. My experience has been primarily in central and western CT, performing appraisals of single family homes, condominium units and 1 to 4 family homes. By offering on-line appraisal ordering, coupled with automatic report status updates and electronic delivery of the final product, we are able to eliminate the run around and phone tag hassles associated with this process. My experience has been largely in the mortgage lending industry; I can also meet your needs for probate valuation, tax appeals, if you are considering buying or selling a house, or any other situation in which having an accurate, well supported opinion of value is important.

Response time6 hrs
Recommended by100%of homeowners
Showing 1-10 of 22
Property Appraiser questions, answered by experts

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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

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.

The West Suffield, CT homeowners’ guide to property appraisals

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