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  • Average homeowner rating star icon4.4
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  • Verified reviews icon43
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Find Property appraisers in Lewes

FAB Appraisals
4.5(
97
)
Appraisal - Real Estate

Serving Lewes, DE and surrounding areas

Approved

In business since 1989

Emergency services offered

Credit card accepted

"The company followed up on the appointment and was on-time for the appraisal. The report was delivered in a matter of days. I noticed a deficiency in the initial appraisal. I reached out to the appraiser, and the document was corrected and updated within 24 hours. Because of his excellent customer service, I rehired him to appraise another property."
Response time5 hrs
5 neighbors recently requested a quote
Recommended by88%of homeowners
Avatar for Compass SS, Inc.
Compass SS, Inc.
1.0(
1
)
Appraisal - Real Estate

Serving Lewes, DE and surrounding areas

In business since 2004

Compass SS, Inc., serves Pennsylvania, Delaware, and New Jersey. We help home buyers make an informed and confident purchase decision and home sellers better prepare and position their home for a successful sale. Appraisal services are a visual inspection of readily accessible areas of the home or building from foundation to roof, exterior through interior; focusing on the home�s condition in terms of safety and serviceability. We have a fully trained staff and reasonable rates.

Property Appraiser questions, answered by experts

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Typically during transactions or refinancing, or whenever significant improvements are made.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

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.

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 Lewes, DE homeowners’ guide to property appraisals

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